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Rand, bonds weaken on downgrade fears
June 11, 2014--The rand is trading on the back foot, lagging emerging market
peers as a bleak economic outlook and expectations of ratings downgrades apply pressure.
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Source: FIN24
Africa: Investors Target Africa's Hidden Markets
June 11, 2014--THE number of investors from South Africa and other major international centres focused on Africa's hidden markets has increased. This has contributed to a sustained increase in the valuations of some larger stocks, according to Imara Africa Securities.
The hunt for "less obvious, but significant" value opportunities has been spotlighted by Imara Africa Securities, a firm with a growing institutional client-base in view of its network of trading platforms across Africa's frontier markets.
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Source: AllAfrica.com
Big stocks push JSE to new record highs
June 10, 2014--Despite jitters ahead of a review of SA's rating by major credit rating agencies
the All-share index and the Top 40 index both topped the previous day's highs.
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Source: FIN24
Marcus warns on rand as capital flow era ends
June 10, 2014--The rand has eased after Reserve Bank governor Gill Marcus said the outlook for emerging markets
is fragile due to the end of the "era" of abundant capital flows.
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Source: FIN24
Nigeria: Nigerian Equities Close Higher Despite Sell Pressure
June 9, 2014--{This Day]Investors in the Nigerian equities again smiled home last week as the market sustained its positive run despite the huge sell pressure fuelled by profit-taking.
Activities were mixed during the week despite bargain hunters drive to take advantage of stocks with upside potential but currently trading below their value.
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Source: AllAfrica.com
JSE hits record high, tracks global markets
June 9, 2014--South Africa's main stock indices have notched up record highs,
taking their cue from an upbeat tone in major overseas markets.
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Source: FIN24
Rand recovery stalls
June 9, 2014--The rand has weakened against the dollar as domestic output data and credit ratings announcements later
this week are keeping investors on edge.
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Source: FIN24
JSE falls from record high
June 6, 2014--South African stocks briefly hit a record high but finished the session lower as global spot
bullion prices pulled local gold producers lower.
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Source: FIN24
Rand vulnerable, could weaken on ratings
June 6, 2014--The rand was largely stable against the dollar as growing concerns about the health of SA's
economy offset boosts from a risk-positive global environment.
Source: FIN24
JSE benefits from European stimulus
June 5, 2014--South African share prices have edged slightly higher as a European Central Bank decision to cut
rates buoyed local gold stocks.
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Source: FIN24
