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JSE ends flat, but Telkom jumps
May 29, 2014--South African stocks have closed largely flat although shares of
Telkom climbed after it forecast a nine-fold surge in earnings.
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Source: FIN24
Rand ticks higher on PPI data
May 29, 2014--The rand has strengthened against the dollar with the producer price inflation data adding a positive
sentiment to the currency.
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Source: FIN24
Gold shares lead JSE lower
May 28, 2014--Stocks on the JSE have ended lower,
with gold mining shares among the biggest losers as the price of bullion slid to its lowest in over three months.
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Source: FIN24
Recession fears spook rand
May 28, 2014-The rand has extended losses, breaching the key R10.50/$ support level as
investors digested signals that the SA economy is heading for a recession.
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Source: FIN24
JSE shrugs off poor growth figures
May 27, 2014--Share prices on the JSE have not reacted much to the poor growth figures
with the All-share index trading in a close band of about 100 points.
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Source: FIN24
Rand weakens after weak GDP data
May 27, 2014--The rand has fallen against the dollar to its softest level in nearly a week
after the release of data showing the economy shrunk in the first quarter of the year.
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Source: FIN24
JSE makes mild gains as ministers sworn in
May 26, 2014--Markets have taken the appointment of President Jacob Zuma's new cabinet in stride
with the new Finance Minister Nhlanhla Nene seen as a safe pair of hands.
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Source: FIN24
Rand softer as market digests new cabinet
May 26. 2014--The rand has weakened slightly against the dollar as the market digested
President Jacob Zuma's new cabinet.
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Source: FIN24
JSE inches to record highs in cautious trade
May 23, 2014--South African stocks hit a record high for the second straight day
but gains were limited as investors cashed in recent advancers.
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Source: FIN24
Rand steady, likely to be range bound
May 23, 2014--The rand has held steady against the dollar
lacking momentum to break through a key resistance area at the R10.30 level after a rally in the previous session.
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Source: FIN24
