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JSE slides as banking stocks take a beating
September 7, 2017--The All Share index has dropped 1.18% and the blue-chip Top 40 moved 1.25% down with all major sectors in the red. The financial index took most of the brunt.
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Source: FIN24
Vodacom leads drop as JSE tracks global markets lower
September 6, 2017--Vodacom and some of the high-flying financial shares have led a drop on the JSE, as the local market followed its global counterparts lower for a third day in a row.
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Source: FIN24
JSE slides as banking stocks take a beating
September 6, 2017--The All Share index has dropped 1.18% and the blue-chip Top 40 moved 1.25% down with all major sectors in the red. The financial index took most of the brunt.
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Source: FIN24
Good GDP figures lift rand, but JSE down
September 5, 2017--The JSE has followed global markets and closed lower, while economic data indicated that GDP grew by more than expected in the second quarter.
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Source: FIN24
Rand stable under R13/$ as SA exits recession
September 5, 2017--The rand remained stable under R13 to the US dollar following the news that South Africa has exited a technical recession.
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Source: FIN24
South Africa: SA Exits Recession With 2.5 Percent GDP Growth
September 5, 2017--South Africa's gross domestic product has rebounded with 2.5% growth for the second quarter of the year.
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Source: AllAfrica.com
Nigeria: Finally, Nigeria Exits Recession, Reports 0.55 Percent GDP Growth in Q2
September 5, 2017-After contracting for five consecutive quarters, the Nigerian economy has finally exited the recession, as data on the country's gross domestic product growth rate to be released at 10 a.m. today by the National Bureau of Statistics has shown that the economy grew at 0.55 per cent in the second quarter of 2017.
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Source: AllAfrica.com
Gold rally on nuclear threat not enough to buoy JSE
September 4, 2017--The Gold Mining index on the JSE gained over 4% as the gold price rallied on claims by North Korea that it tested a hydrogen bomb over the weekend
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Source: FIN24
Strong rand puts damper on JSE rally
September 1, 2017--The strong rand has put the brakes on price movements on the JSE and the major indices have only risen moderately, despite good news about the global and SA economies.
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Source: FIN24
Zimbabwe Stock Exchange breaches all-time high
September 1, 2017--The Zimbabwe Stock Exchange has breached its all-time high as stocks continued to rally unabated, making the bourse Africa's top riser.
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Source: FIN24