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Nigeria: Danger of Insecurity Spreading South Worries Investors
July 2, 2014--Despite Nigeria's worsening security situation, foreign investors say they are not deterred from buying the nation's assets, Omar Hafeez, Citigroup's country head, said on Wednesday, citing $1.1 billion worth of Eurobonds it had traded for three local banks so far this year.
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Source: AllAfrica.com
JSE starts second half on positive note
July 1, 2014--Resource stocks have been particularly strong on the back of indications that a slowdown in China,
the biggest market for SA's commodities, has bottomed out.
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Source: FIN24
More rand pressure 'for sure'
July 1, 2014--The rand has faltered against the dollar as investors braced for new labour unrest only a week after
producers and miners finally reached an agreement.
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Source: FIN24
Strike threat weighs heavily on JSE
June 30, 2014
Uncertain labour relations have taken their toll on the JSE,
with companies to be affected by upcoming industrial action trading at new 52-week lows.
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Source: FIN24
Rand holds steady before trade data
July 30, 2014--The rand has been firm against a soft dollar, but the unit will likely trade sideways ahead of key trade data.
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Source: FIN24
JSE ticks lower in line with global markets
June 27, 2014--South African shares have followed global stocks lower as market jitters over the state of
economic growth resurface.
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Source: FIN24
Rand reverses some strike-linked losses
June 27, 2014--The rand has firmed slightly, reversing recent losses after hitting a week low in the previous
session on news of Numsa's plan to go on strike.
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Source: FIN24
JSE rebounds from steep fall
June 26, 2014--South African stocks have ticked up as investors brushed aside a contraction in the US economy.
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Source: FIN24
Rand rallies as US data hits dollar
June 26, 2014--The rand has been firmer against the dollar,
taking advantage of a weaker US currency pummelled by data indicating the world's largest economy shrank.
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Source: FIN24
JSE correction in full swing
June 25, 2014--The JSE correction is in full swing with the market losing ground for the third straight day,
but analysts believe it has not necessarily lost upward momentum.
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Source: FIN24
