Rand on the ropes as economy weighs
December 5, 2014--The rand has traded within reach of the previous day's three-week lows against the dollar,
weighed down by concerns over the impact of the power crunch.
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Source: FIN24
JSE resources lose out on dollar surge
December 4, 2014--Resources shares have again been the biggest
losers as the JSE's top indices struggle to establish a solid foothold for future growth.
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Source: FIN24
Rand under pressure as euro weakens
December 4, 2014--The rand has weakened almost 1% against a rising dollar,
tracking a euro under pressure from bets that the ECB will announce more monetary stimulus.
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Source: FIN24
Rand weakens against dollar
December 3, 2014--The rand has weakened against a rising dollar,
tracking a euro under pressure from bets that the European Central Bank will announce stimulus plans.
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Source: FIN24
Sanity returns to JSE as oil recovers
December 2, 2014--The oil price recovered
sharply after hitting a five-year low, which gave other resources on the JSE a boost and lifted the Resources index.
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Source: FIN24
Oil price dive causes JSE volatility
December 1, 2014--Commodity stocks dropped alarmingly before rallying again as the tumbling oil price
continues to cause ripple effects throughout the global economy.
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Source: FIN24
Rand extends losses on deficit shocker
December 1, 2014--The rand has extended losses against the dollar,
tumbling towards fresh three-week lows after weaker exports underscored the growing fragility of the economy.
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Source: FIN24
South Africa: "Collaboration of Nigerian, Johannesburg Exchanges Would Create Opportunities for Investment, Economic Growth"
December 1, 2014--Recently, top directors of the Johannesburg Stock Exchange (JSE), South Africa were in Lagos to firm up a working partnership with the Nigerian Stock Exchange (NSE).
Afterwards, JSE's Director, Capital Markets, Donna M. Oosthuyse told OLAWUNMI OJO that the partnership would, among other things, help develop products South African and Nigerian investors could benefit from, opportunities for cross-listings on both Exchanges, chart a course for new African currencies and further engender growth of other African countries' economies.
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Source: allAfrica.com
JSE slides as Sasol hit by oil price
November 28, 2014--South African stocks have edged lower,
with Sasol tumbling after oil hit a four-year low.
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Source: FIN24
Nigeria: Equities Market Gains N274 Billion in Three Days
November 28, 2014--Investors in Nigerian equities market continue to smile as the market rose further to record its third consecutive close yesterday after the Monetary Policy Committee (MPC)of the Central Bank of
Nigeria (CBN) announced decisions expected to have negative impact on the market.
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Source: allAfrica.com