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Rand up but fragile as weak jobs numbers weigh
May 10, 2016--The rand has steadied but remained near one-month lows as gloomy economic prospects continued to weigh after the unemployment rate rose to a record high.
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Source: FIN24
Rand falls as afterglow of Moody's decision fades
May 9, 2016--The rand has given up its strong gains as momentum spurred by Moody's decision not to downgrade the credit rating faded, giving way to concerns about the economy.
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Source: FIN24
Negative global sentiment dents JSE
May 6, 2016--Continuing negative sentiment on world markets is slowly pushing share prices on the JSE lower, with both the All-share and Top 40 indices down by mid-morning.
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Source: FIN24
Nigeria: Nigerian Equity Market Dips Further
May 6, 2016--Activities on the Nigerian Stock Exchange (NSE) on Thursday for the second consecutive day, maintained a negative posture with the market indicators dropping further by 0.59 per cent amid losses by blue chips.
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Source: allafrica.com
South Africa: Capital Outflows Likely If SA Downgraded
May 5, 2016--The Reserve Bank says a further rating downgrade of South Africa could lead to capital outflows.
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Source: allafrica.com
Rand firms, frail economy poses a risk
May 5, 2016--The rand has firmed against the dollar, recovering from a nearly 4-week low hit, but analysts say concerns about the economy still poses a risk.
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Source: FIN24
JSE resource-stock slump may just be getting started
Nigeria: Investors Stake N183 Billion On 47 Billion Shares in Four Months view more
Africa: A New Frontier for Islamic Investment
Rand takes a beating, heading back to R15/$ in May
May 5, 2016--A drop of more than 6% this week for JSE-traded resources stocks may presage further declines, say analysts citing indicators and excessive optimism among investors.
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Source: FIN24
May 4, 2016--Investors invested about N182.845 billion in 46.758 billion between January and April 2016.
Statistics obtained by THISDAY showed that investors staked N99 billion on 18.336 billion shares in January and February and N83.845 billion on 28.433 billion shares in March and April 2016.
Source: allafrica.com
May 4, 2016--Investors from Organisation of Islamic Cooperation member countries are increasingly looking at opportunities in sub-Saharan Africa.
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Source: allafrica.com
May 4, 2016--South Africans should prepare themselves for more drastic shifts in the rand as the rating downgrade looms, an analyst has warned after the rand went from R14.23 to R14.72.
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Source: FIN24
