The SBITOP, which tracks the most liquid and highly capitalised stocks on the LJSE, rose 1.94% to 754.46 points after losing 1.55% on Wednesday.
Seven of the eight blue chips of the LJSE closed higher while retailer Mercator [LJE:MELR] was the sole SBITOP decliner, ending 0.28% down at 72.3 euro ($89.3) on Thursday.
Port operator Luka Koper [LJE:LKPG] led the SBITOP gainers, closing 6.98% up at 22.99 euro.
Drug maker Krka [LJE:KRKG] was the most traded blue chip with 16,853 shares changing hands. The stock closed 2.73% up at 56.5 euro.
Total daily turnover on the LJSE dropped to 1.9 million euro from 3.5 million euro on Wednesday.
($=0.811 euro)