There's a heavy flow to some telecom shares that are seen as cheap compared with other sectors.
The market went up quite a bit in the last two months and for the last two to three weeks had been trading sideways, looking for a reason to take profits.
Numbers that came out in the U.S. today showed the economy there is still growing, but at a slower pace. That could mean that the U.S. doesn't have to raise rates.
There's a general feeling of optimism over the fall in interest rates and that's helping to boost the value of shares.
At 14,000, I think you have local investors buying into the market.
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