The JSE hit a new record on Monday morning, briefly trading at 107 914 points before moderating to 107 555 by mid-morning, lifted largely by a rally in gold shares. Among the small caps, Purple Group – majority owner of trading platform EasyEquities – gained more than 13% by 11:30, hitting a 52-week high at R2.64. Investor and trader Simon Brown, host of the MoneywebNOW podcast, says the momentum comes from resources, particularly gold shares. “This is a resource rally and mostly a gold rally. “Our retail stocks have had a tough year after a good 2024, so it hasn’t been great.