There's a general feeling of optimism over the fall in interest rates and that's helping to boost the value of shares.
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.
At 14,000, I think you have local investors buying into the market.
It is good because it shows the economy is not growing too quickly.
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.
