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Sharp move lower in Naspers drags down JSE
July 4, 2017--Naspers traded under significant pressure on the JSE after its associate, Tencent Holdings, edged lower on the Hang Seng closing down 4%.
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Source: FIN24
Nigeria's 'Shadow Economy' May Fall to Half By 2025
July 3, 2017--Going by an assessment of the on-going reforms in Nigeria, the number of informal sector operators may be cut by a near half in the next eight years.
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Source: AllAfrica.com
JSE closes firmer as rand slides
July 3, 2017--The JSE closed the trading session firmer as the rand slipped to 4-week lows against the greenback.
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Source: FIN24
Rand slides as traders turn from risky currency
July 3, 2017--The rand has lost almost 1% of its value against the dollar amid an American long weekend that has seen traders move away from risky emerging market currencies.
JSE steady as investors wait for ANC policy direction
June 30, 2017--Share prices on the jSE have hardly moved as investors wait to see what will happen at the ANC's policy conference in Johannesburg.
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Source: FIN24
Rand slides as banks warn SA currency performance won't last
June 30, 2017--The rand slid on news that the South African currency's outperformance is grinding to a halt, with Citigroup and Morgan Stanley warning its performance won't last.
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Source: FIN24
JSE up as financial and resources stocks rally
June 29, 2017--Financial and resources shares, which have been hardest hit by the uncertainty caused by political turmoil in South Africa, are slowly beginning to regain some of their recent losses.
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Source: FIN24
ASEA and CFA Institute sign Memorandum of Understanding to raise standards of education and professionalism in the investment management industry.
June 29, 2017--The African Securities Exchanges Association (ASEA) signed a two year Memorandum of Understanding (MoU) with CFA Institute to increase access to the professional education programs and standards of professionalism within the ASEA community's jurisdictions.
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Source: african-exchanges.org
Stronger day out for JSE as US markets strengthen
June 28, 2017--The rand firmed to R12.97 to the greenback at the close of trading, seeing financials lifted 0.83% and banking stocks 0.90%.
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Source: FIN24
Rand hurt by Draghi's tapering comments
June 28, 2017--The rand spiked to R13.07/$ as tapering comments from European Central Bank president Mario Draghi continued to dent risk currencies.
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Source: FIN24