The JSE dropped in afternoon trade on Monday on the back of profit taking but still managed to close in the black as local markets welcomed the appointment of new Reserve Bank Governor, Gill Marcus.

The JSE's all share index edged up 0.48 percent and closed at 23 655.480 points.

The gold and platinum mining indices jumped 3.05 percent and 1.80 percent respectively while resources rose 0.62 percent.

Financials climbed 0.91 percent, banks added 0.79 percent while industrials inched up 0.10 percent.

Among gold counters, AngloGold Ashanti rallied 4.04 percent to 308.52 rand, Gold Fields added 1.01 percent to 93.94 rand while Harmony shot up 4.31 percent to 76 rand.

Among platinum miners, Anglo Platinum collected 2.69 percent to 534 rand, Impala Platinum rose 1.44 percent to 176.50 rand while Lonmin edged up 50 cents to 149.50 rand.

Resources heavyweight, Anglo American dropped 1.96 percent to 232.75 rand however rival BHP Billiton added 1.67 rand to 193.52 rand. Synthetics giant, Sasol rose one rand to 283 rand.

Among diversified miners, African Rainbow advanced 2.37 percent to 130 rand while Exxaro lifted 1.27 percent to 79.75 rand.

ArcelorMittal collected 2.58 percent to 98.99 rand, Kumba Iron Ore firmed 1.59 percent to 192 rand however Highveld Steel pulled back 2.13 percent to 61 rand.

Among industrials, brewer SABMiller lost 1.56 percent to 170.11 rand while British American Tobacco withdrew 1.43 percent to 230.65 rand.

Paper group Sappi earlier announced that for the quarter ended June 2009 it expects to report improved operating results, excluding special items, compared with the quarter ended March 2009 for its European business, which it expects to return to profitability, and for its North American business, as a result of synergy achievements in Europe, and cost and input price reductions. The group's share price slipped five cents to 23.35 rand.

Cellular giant, MTN Group dropped 95 cents to 128.95 rand however Telkom climbed 10 cents to 40.60 rand while Vodacom added 1.27 percent to 58 rand.

Among construction groups, Aveng rose 1.69 percent to 36.20 rand, Murray & Roberts collected 1.98 percent to 50.99 rand while WBHO climbed 1.31 percent to 110.95 rand.

Among financial groups, Old Mutual rose 2.04 percent to 11.53 rand while Sanlam climbed 1.34 percent to 18.85 rand.

Banking giant, Nedbank earlier announced it expected its diluted headline earnings per share for the six months ended June to be between 32 percent and 37 percent lower than the 719 cents per share reported for the comparative period to June 2008. The group's share price gained 1.12 percent to 108.20 rand.

Meanwhile Absa added 1.01 percent to 119.49 rand while FirstRand collected 2.26 percent to 15.40 rand.