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Naspers drags down JSE amid Tencent tumble
August 11, 2017--The JSE has extended losses in late trade as it joined world markets amid a global tech stock meltdown, with Chinese internet behemoth Tencent leading the slump.
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Source: FIN24
Nigeria: Non-Oil Exports-How Nigerians in Diaspora Can Help Rebuild Economy
August 10, 2017--The government aims to replace oil as the major national exchange earner by growing non-oil exports to $30 billion in the next 10 years and eventually attain 20 percent of non-oil exports to GDP or approximately $100 billion annually based on its Zero Oil Plan.
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Source: AllAfrica.com
Gold glitters on dull JSE
August 10, 2017--Gold stocks have been the shining light on the JSE, after the metal rallied to $1 286/oz amid escalating geopolitical tensions between North Korea and the US
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Source: FIN24
Rand goes from best performer to laggard as Zuma wins vote
August 9, 2017--The rand fell for a second day against the dollar after President Jacob Zuma survived a no-confidence vote that could have brought an end to his administration.
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Source: FIN24
JSE muted as market awaited Zuma's fate
August 8, 2017--Activity on the JSE remained muted as market participants waited for the outcome of the vote of no confidence. At markets close, MPs were still to cast their vote via secret ballot.
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Source: FIN24
Rand leads world currency losses as Zuma survives ouster vote
August 8, 2017--The rand tanked after President Jacob Zuma survived another motion of no confidence even after the vote was done through a secret ballot.
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Source: FIN24
Financials and retailers gain on back of secret ballot announcement
August 7, 2017--The JSE closed firmer following the announcement that the vote in no confidence in President Jacob Zuma will be by a secret ballot.
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Source: FIN24
Weak rand supports dual-listed shares on JSE
August 7, 2017--The JSE's All-share index has breached the 56 000 level decisively, as the softening rand continued to support dual-listed shares with Industrial and Resources indices the star performers.
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Source: FIN24
JSE moves further into record territory on financials push
August 4, 2017--Financial shares have continued their strong run on the JSE to push the overall market further into record territory, and the All-share index reached yet another high.
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Source: FIN24
JSE gets fillip from strong move in financial sector
August 3, 2017--A rally in the financial sector helped the rest of the market higher in morning trade, lifting the All-share index to a new all-time high and the Top 40 index to a new record.
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Source: FIN24
