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Rand briefly touches three-year high as dollar on back foot
January 16, 2018--The rand has broken below the R12.30/$ level and even tested R12.20 to the greenback, although there is no clear reason for its sudden surge except the impact of the weaker dollar.
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Source: FIN24
Miners lead the JSE higher
January 15, 2018--The JSE closed firmer on Monday as miners led the way on the back of firmer commodity prices.
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Source: FIN24
Rand shows strength ahead of interest rate decision
January 15, 2018--The rand has been hovering around R12.36 to the dollar due to the US currency being on the back foot across the board owing to strong commodity prices.
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Source: FIN24
JSE reviewing day of volatile trading
January 11, 2018--The JSE is aware of the recent volatility in the share prices of certain companies and has noted various media reports in this regard, it tells Fin24.
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Source: FIN24
Rand briefly hits R12.55/$ on rumours Zuma staying put
January 10, 2018--Market analysts have warned that the local currency is particularly sensitive to political rumours, as traders try to anticipate the political manoevres of the ANC.
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Source: FIN24
Another good day for the local market
January 9, 2018--Tuesday has been another good day for the local market with the All-Share index closing up 0.13%, the blue-chip Top40 up 0.12%, industrials up by 0.02% and financials up by 0.33%.
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Source: FIN24
Rand falls as reality of Ramaphosa's task sets in
January 9, 2018--The rand has taken takes a knock as euphoria over Ramaphosa's win dies down, after clocking up its longest weekly winning run since 2010.
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Source: FIN24