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Rand steady above R12/$ as markets focus on geopolitics
April 13, 2018--The local currency was fairly level in early trade, as the attention of global markets remained fixed on the Trump/China trade tariff dispute and the situations in Syria and North Korea.
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Source: FIN24
Nigeria:Confusion As NSE, SEC Contradict Self On Technical Suspension On Oando Shares
April 12, 2018--The Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC) have disappointedly thrown the country's financial market into turmoil following the reversal of the lifting of the technical suspension placed on free trading of Oando PLC's shares.
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Source: allAfrica.com
Profit-taking, Trump's tweet knock JSE
April 11, 2018--The JSE closed lower on Wednesday mainly on the back of profit-taking, as well as a flight to safety on the back of Donald Trump's comments about Russia and Syria.
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Source: FIN24
Rand skids on Donald Trump's 'get ready Russia' tweet
April 11, 2018--The rand has slipped in line with other emerging market currencies, following a tweet by President Donald Trump warning Russia against countering missiles the US intends to fire at Syria.
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Source: FIN24
Nigeria:Investors Lose N239 Billion in Four Trading Days
April 9, 2018--At the end of last week's transactions on the equity sector of the Nigerian Stock Exchange (NSE), the bearish performance in the local bourse was sustained as the NSE's market capitalisation dipped by N239 billion in four trading days.
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Source: allAfrica.com
Muted trading session for the JSE
April 9, 2018--The JSE closed firmer on Monday after a relatively muted trading session compared to the trend recorded last week.
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Source: FIN24
Rand spikes on Nene comments, renewed trade war fears
April 9, 2018--The local currency weakened to R12.15/$ just after noon, with analysts attributing the spike to remarks made by the finance minister, as well as broader trade war fears and a global selloff of emerging market assets.
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Source: FIN24
Firmer close for the JSE after slow start
April 6, 2018--The JSE closed firmer on Friday after getting off to a rather slow start which saw it opening weaker.
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Source: FIN24
Rand slightly stronger in wake of US jobs data
April 6, 2018--The local currency has firmed somewhat in early afternoon trade, after the release of US jobs and employment data.
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Source: FIN24
Global equities rebound
April 5, 2018-The JSE closed firmer on Thursday which was in line with the trend in global equities which staged a comeback following consecutive sessions of losses.
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Source: FIN24
