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Rand to track global trends as market awaits rate call
January 22, 2016--The rand has mostly been flat against the dollar in early trade and is expected to follow global trends as investors await next week's interest rate announcement.
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Source: FIN24
JSE hovers near bear market on global market drop
January 21, 2016--Oil prices gave up the gains of a short rally to reach new 13-year lows, sending stock markets worldwide in a tailspin and putting new pressure on the JSE.
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Source: FIN24
Rand weakens after inflation jumps
January 21, 2016--The rand has dropped, pressured by a rise in inflation figures released before the Reserve Bank is due to decide on interest rates in its first 2016 policy meeting.
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Source: FIN24
Oil price slide puts paid to JSE rally
January 20, 2016--Markets worldwide have fallen sharply after oil dropped to below $28 per barrel, with major indices on the JSE more than 2% down at midday.
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Source: FIN24
Nigeria: Investors' Woes Worsen As Market Loses N1.7 Trillion in 10 Days
January 20, 2016--The declining fortunes of investors in the Nigerian stock market is indicated by a debilitating loss of N1.764 trillion in ten trading days, as the stock market maintained its free falll last week in response to further decline in crude oil price to below $30 per barrel, and the historic depreciation of the naira to N300 per dollar in the parallel market.
Meanwhile, analysts have predicted further fall this week given the persistent weakness in price of crude oil.
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Source: allAfrica.com
South Africa: JSE Announces Expansion to Cape Town
January 20, 2016--The Johannesburg Stock Exchange (JSE) is opening a new office in Cape Town to be used for all its related events held in the city.
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Source: AllAfrica.com
JSE rallies on global recovery
January 19, 2016--The rally in world markets sparked the JSE to follow suit, with all major indices more than 1% higher by midday.<
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Source: FIN24
Rand firms as investors trim long dollar positions
January 19, 2016--The rand has gained against the dollar and could continue to benefit from investors culling their long dollar positions after a recent heavy sell-off.
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Source: FIN24
JSE gives up early gains
January 18, 2016--The JSE traded over 1% higher in early morning trade but by midday major indices were barely in the black, with some big financial shares giving up substantial gains.
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Source: FIN24
Rand up on China's anti-speculation move
January 18, 2016--The rand has edged up against the dollar, after China's central bank stepped up efforts to stabilise the yuan in its latest attempt to deter offshore speculation.
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Source: FIN24
