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Rand firms for second day as markets consider downgrade unlikely
March 22, 2018--Global ratings agency Moody's is set to announce on Friday whether it will downgrade SA's sovereign credit rating to junk status.
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Source: FIN24
Rand on back foot at start of week
March 19, 2018--The rand started the week above R12/$, as investors await the Federal Reserve's interest rate announcement in the US, and whether ratings agency Moody's will downgrade SA's sovereign debt to junk.
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Source: FIN24
Market struggles to find direction
March 16, 2018--The local equity market was mixed on Friday in a session where the JSE swung between the red and green, as it struggled to gain significant momentum in either direction.
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Source: FIN24
Rand steady on Zuma prosecution announcement
March 16, 2018--The rand was unchanged after National Prosecuting Authority boss Shaun Abrahams announced that President Jacob Zuma would be prosecuted.
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Source: FIN24
JSE erases earlier gains to close lower
March 15, 2018--The JSE erased its earlier gains to close weaker on Thursday following a similar reversal in some of the blue-chip counters.
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Source: FIN24
Retailers weigh on the JSE
March 14, 2018--The JSE closed weaker on Wednesday as Naspers and retailers dragged the local index lower.
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Source: FIN24
Rand firm as market focus turns to Moody's ratings decision
March 14, 2018--The rand firmed against the dollar in early trade, as the SA market started to shift its focus to whether Moody's would downgrade SA's sovereign credit rating to junk later in the month.
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Source: FIN24
South Africa sees receptive market for $3bn bond sale
March 13, 2018--South Africa plans to tap international markets for as much as $3bn as the country seeks to take advantage of relatively low rates and strong demand from yield-hungry investors.
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Source: FIN24
Local equities softer after flat trading session
March 13, 2018--The JSE closed weaker on Tuesday following a rather lukewarm trading session where the bourse traded mostly flat.
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Source: FIN24
Nigeria:Investors Stake N39 Billion in Equities in Five Trading Days
March 12, 2018--Heavy transactions in the shares of some companies, especially Access Bank, and Capital Oil last week, lifted the volume of shares traded, as a turnover of 3.079 billion shares worth N39.990billion were recorded in 23,086 deals by investors on the floor of the Exchange.
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Source: AllAfrica.com
