Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
JSE loses ground as poor GDP data hits home
June 10, 2016--Share prices on the JSE have mostly been down, with financial and resources shares trading lower as weak economic numbers raised concerns about growth prospects.<
view more
Source: FIN24
Rand slips as growth concerns, US rates weigh
June 10, 2016--The rand has weakened as the dollar bounced back from recent weakness, adding pressure further pressure on the currency following a string of poor growth figures.
view more
Slource: FIN24
Nigeria: Flexible Exchange Rate May Spur Stock Market Investment
June 10, 2016--The much-anticipated flexible exchange regime to be introduced by the Central Bank of Nigeria (CBN) is expected to result in an increased allocation of investments by Pension Fund Administrators (PFAs) in the Nigerian Stock Exchange (NSE).
view more
Source: AllAfrica.com
JSE slips on GDP blow and global concerns
June 9, 2016--The JSE has traded lower in reaction to a 1.2% loss in first-quarter GDP, with all major indices down by mid-morning and commodities the biggest loser.
view more
Source: FIN24
Rand stumbles as recession risk rises
June 9, 2016--The rand has retreated as investor confidence was rattled by data showing the economy contracted sharply in the first quarter, raising the risk of recession.
view more
Source: FIN24
JSE a mixed bag on economic data
June 8, 2016--The JSE was at midday a mixed bag, with industrial and financial shares sharply down but resources and gold reacting solidly on good economic news for China and higher commodity prices.
view more
Source: FIN24
Rand halts rally, Fitch review keep market wary
June 8, 2016--The rand has pulled back from the previous session's four-week highs against the dollar and traders said GDP data expected to show a small contraction.
view more
Source: FIN24
SA makes final junk hurdle, but GDP dives 1.2%
June 8, 2016--Ratings agency Fitch has affirmed SA's investment grade credit, and surprisingly kept its outlook stable, while Stats SA has revealed that first quarter GDP shrunk by 1.2%.
view more
Source: FIN24
All eyes on GDP and ratings agency Fitch
June 8, 2016--Economists expect a negative GDP reading for the first quarter of 2016, while ratings agency Fitch should follow Moody's and S&P and not downgrade SA to junk status.
view more
Source: FIN24
JSE rises as risk appetite grows
June 7, 2016--More risk appetite for shares, which has pushed global markets higher, also gave the JSE strong support with all the major indices higher by mid-morning.
view more
Source: FIN24
