Resources led the upside which saw the JSE 392 points higher by noon on Monday.

At 12.01pm the JSE all share index had gained 1.51 percent, with resources up 2.61 percent, gold miners adding 2.29 percent and platinum producers collecting 1.26 percent.

Banks advanced 2.07 percent, financials rose 1.63 percent and industrials edged up 0.26 percent.

The rand was bid at 7.43 to the dollar from 7.50 when the JSE closed on Friday. Gold was quoted at $1108.75 a troy ounce from $1096.60 at the JSE's last close, and platinum was at $1360.50/oz, from $1340/oz at its previous close.

"As the morning keeps going, the market keeps going strong. Commodity prices are still holding on to their gains," an equities trader said.

"We are led up by resources. Our big resource companies are doing well. Also the rest of the precious metal stocks are helping keep us at these levels. Banks are also picking up and are helping the bourse.

"For the rest of the day, it looks like we might hold on to these gains. Dow futures are up so we can expect a positive open on Wall Street. It looks like it's going to be a good day," he said.

Dow Jones Newswire reported that the FTSE 100 pushed higher as the G20's decision to keep coordinated stimulus in place lends support, a trader said. This has led to a pick-up in risk appetite, with defensive stocks lower and cyclicals higher, the trader added. Miners pace the advance, as gold reaches new highs in Asia on bad news from the US labour market and a weaker US dollar.

The FTSE 100 was last up 1.12 percent.

US stocks are picked to open firmer on Monday, as traders in Asia and Europe push US futures higher following a strong performance last week, and the resilience in equities after disappointing employment numbers, said David Morrison at GFT.

He called the DJIA up 56 points and the S&P 500 up 7 points. "We have a situation currently where poor data support the accommodative stance taken by central banks, and the ultra-low Fed Funds rate," he said. "This in turn underpins stocks, as investors search desperately for yield and a return on their money," added Morrison.

There are no major economic data releases lined up on Monday.