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Rand hits fresh low against surging dollar
March 10, 2015--The rand has extended losses against the dollar to 1.5% as it
hit a session trough of R12.2700/dollar, its weakest level since March 2002.
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Source: FIN24
Rand hits new 13-yr low on US rate hike hopes
March 9, 2015--The rand has hit a new 13-year low against the dollar, after investors sold off emerging market
currencies amid expectations of an imminent interest rate hike in the US.
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Source: FIN24
JSE surges on financial and industrial stocks
March 6, 2015--The All-share index has hit yet another new high as financial and industrial shares pushed the JSE
higher by midday.
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Source: FIN24
Rand falls to 13-year low after US jobs data
March 6, 2015--The rand has fallen to a 13-year low and government bonds also slid sharply, as emerging markets are heavily sold off after US job numbers
strengthened the case for the Fed to hike interest rates.
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Source: FIN24
SA stocks gain, Standard Bank jumps on dividend
March 5, 2015--SA stocks have ended higher, with Standard Bank among the top gainers on the blue-chip index
after the lender declared a better-than-expected dividend payout.
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Source: FIN24
Rand weakens after ECB unveils stimulus details
March 5, 2015--The rand has weakened against the dollar as the European Central Bank's announcement detailing
its $1trn buying programme failed to halt the greenback's strong run.
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Source: FIN24
Rand falls to 3-week low on economy woes
March 4, 2015--The rand has hit a three-week low as the US currency strengthened and the deputy central bank governor warned that domestic
economic growth continued to disappoint.
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Source: FIN24
Directionless JSE still in consolidation mode
March 3, 2015--The JSE seriously lacks direction at the moment, with major indices continuing to drift lower as
investors seek trading opportunities.
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Source: FIN24
Rand recovers after weakening on downgrade alert
March 3, 2015--The rand has firmed after tumbling to two-and-a-half week lows earlier when rating's agency Fitch
warned that South Africa could lose its investment grade status.
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Source: FIN24
S&P Dow Jones Indices-Africa Index Dashboard
March 2, 2015--South African-listed companies pushed the S&P All Africa to a healthy 3.4% gain in February. Equity markets in Kenya and Zimbabwe also improved on a good start to the year with further gains (3.9% and 2.9%, respectively).
February was another tough month for West Africa, with Nigeria adding a further 2.2% to already material year-to-date losses. And despite agreeing a $1bn loan from the IMF to revive the economy near month end, Ghana's markets also fell (-4.7%). However the wooden spoon goes to Egypt, where legal uncertainty over an election due later this month concerned investors and saw the S&P Egypt BMI fall by 5.4%.
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Source: S&P Dow Jones Indices
