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Selling pressure returns to JSE
July 24, 2015--Selling pressure has returned to the JSE with all the major
indices lower, following the previous session's technical rebound.
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Source: FIN24
Rand falls to 14-year lows in sell-off
July 24, 2015--The rand has fallen to a 14-year low against the dollar, taking
the brunt of a sell-off in commodity currencies triggered by concerns about a slowdown in China.
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Source: FIN24
Vetiva plans to list 3 ETFs
July 23, 2015--FOLLOWING the final approval from the Securities and Exchange Commission(SEC), Vetiva Fund Managers Limited is to list three Exchange Traded Funds(ETFs) anchored on the NSE Banking Index, NSE Consumer Goods Index and NSE Industrial Index.
A statement from the company lists the three ETFs as Vetiva Banking Exchange Traded Fund (VB ETF), Vetiva Consumer Goods Exchange Traded Fund (VCG ETF) and the Vetiva Industrials Exchange Traded Fund (VI ET).
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Source: The SUN
Robust trade in Vodacom buoys JSE
July 23, 2015-Vodacom has been in the spotlight on the JSE, after its first-
quarter revenue rose on data sales from international operations.
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Source: FIN24
Rand weaker despite repo rate hike
July 23, 2015--The rand has given up brief gains to trade weaker against the
dollar despite the Sarb lifting interest rates.
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Source: FIN24
Rand weaker despite repo rate hike
July 23, 2015--The rand has given up brief gains to trade weaker against the
dollar despite the Sarb lifting interest rates.
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Source: FIN24
Nigeria: Stock Market Investors Lose N1.032 Trillion in Two Months
July 22, 2015--Nearly two months after President Muhammadu Buhari took over the administration of Nigeria, investors in the nation's stock market have lost over N1.032 trillion.
Stakeholders have attributed the development to slow pace of governance, lack of policy direction, high political risk, feud in the federal legislature, no ministerial appointment, amongst others.
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Source:allAficanews.com
Kenya: Obama Visit to Push Activity At NSE-Analysts
July 22, 2015--ANALYSTS expect the securities market to gain momentum after the 2015 Global Entrepreneurship Summit to be co-hosted by President
Uhuru Kenyatta and United States President Barrack Obama on Saturday.
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Source: AllAfricanews.com
Profit-taking continues on JSE
July 22, 2015--Profit-taking on the JSE has continued, but analysts say the
technical picture for shares currently look much better than two or three weeks ago.
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Source: FIN24
Rand weakens after inflation data
July 22, 2015--The rand has weakened against the dollar ahead of the upcoming interest rate decision and
after a lower-than-expected inflation number.
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Source: FIN24
