[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  StockWave [@StockWaveNews](/creator/twitter/StockWaveNews) on x XXX followers Created: 2025-07-18 12:00:49 UTC JSE 🇿🇦is at all time highs but don’t let that fool you into thinking South Africa’s economy is as well. What has propelled the JSE to ATH: 🔸Gold Miners: Had an incredible run as the gold price rallied. $HAR $GFI $ANG 🔹PGM Miners: Recovery in the Platinum $PL and Palladium $PA lead to a turnaround in the PGM miners. $SBSW $IMP $VAL 🔸Naspers/Prosus: Strong performance from Tencent $TCEHY boosted $NPN/ $PRX stock price. Gold and Platinum miners, and Naspers/Prosus make up a huge weight of the JSE Index but don’t reflect the conditions of the South African economy. The rise in share price of the PGM & Gold miners reflect the spot price of the metals and Nasper/Prosus primary revenue comes from Chinese company Tencent. Another factor is only XX% of the JSE Top XX are SA INC Stocks (shares that primarily operate within South Africa) therefore falsely portraying, the performance of the index and the economy. The strength from the Gold & PGM miners may give the economy somewhat of a boost and will help strengthen the rand as the value of exports rise. #JSE #SouthAfrica #EasyEquities $JSE $SOL $SSL $SSW #Sasol #InvestSA XXX engagements  **Related Topics** [val](/topic/val) [balance sheet](/topic/balance-sheet) [ang](/topic/ang) [gfi](/topic/gfi) [har](/topic/har) [$tcehy](/topic/$tcehy) [$0700hk](/topic/$0700hk) [tencent](/topic/tencent) [Post Link](https://x.com/StockWaveNews/status/1946178342912438482)
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StockWave @StockWaveNews on x XXX followers
Created: 2025-07-18 12:00:49 UTC
JSE 🇿🇦is at all time highs but don’t let that fool you into thinking South Africa’s economy is as well.
What has propelled the JSE to ATH:
🔸Gold Miners: Had an incredible run as the gold price rallied. $HAR $GFI $ANG
🔹PGM Miners: Recovery in the Platinum $PL and Palladium $PA lead to a turnaround in the PGM miners. $SBSW $IMP $VAL
🔸Naspers/Prosus: Strong performance from Tencent $TCEHY boosted $NPN/ $PRX stock price.
Gold and Platinum miners, and Naspers/Prosus make up a huge weight of the JSE Index but don’t reflect the conditions of the South African economy. The rise in share price of the PGM & Gold miners reflect the spot price of the metals and Nasper/Prosus primary revenue comes from Chinese company Tencent.
Another factor is only XX% of the JSE Top XX are SA INC Stocks (shares that primarily operate within South Africa) therefore falsely portraying, the performance of the index and the economy.
The strength from the Gold & PGM miners may give the economy somewhat of a boost and will help strengthen the rand as the value of exports rise.
#JSE #SouthAfrica #EasyEquities $JSE $SOL $SSL $SSW #Sasol #InvestSA
XXX engagements
Related Topics val balance sheet ang gfi har $tcehy $0700hk tencent