Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Bonds supported, rand weakens
April 18, 2013--The yield spread on South African benchmark 2026 and 2015 bonds have narrowed to its lowest in a year,
while the rand has weakened on a softer euro.
view more
Source: FIN24
JSE slides on global sentiment
April 17, 2013--The JSE fell to a 4-month low, wiping off more than
Tuesday's recovery‚ amid broad-based selling.
view moe
Source: FIN24
Commodity recovery pushes JSE firmer
April 16, 2013--Stocks on the JSE have bounced back from Monday's plunge
after gold and other commodity prices regained some losses following a massive selloff.
view more
Source: FIN24
Bonds mostly softer after mixed auction
April 16, 2013--South African bonds have been mostly softer at noon
compared with levels seen in the morning and Monday's close.
view more
Source: FIN24
Rand recovers after 3% fall
April 16, 2013--The rand has been slightly stronger at midday having fallen almost 3%
on Monday on a massive sell-off in commodities.
view more
Source: FIN24
Falling bullion price drags JSE down
April 15, 2013--Gold miners dragged the JSE down as the price of the yellow metal plummeted over $100
after China issued GDP growth numbers that came in well below consensus.
view more
Source: FIN24
US growth downgrade weighs on JSE
April 12, 2013--The JSE continued on its downward streak due to a selloff in world markets after
the International Monetary Fund has downgraded the growth forecast for the US.
view more
Source: FIN24
Rand softer as euro slips
April 12, 2013--The rand was softer in midday trade on Friday as the euro slipped.
"We are a bit weaker as the euro has softened this morning. We may see some more profit taking in the afternoon as investors square positions ahead of the weekend‚” a local foreign exchange trader said.
view more
Source: FIN24
Miners continue to weigh on JSE
April 11, 2013--The JSE pared intraday losses on Thursday, closing a tad firmer, while miners continued to weigh.
Profit taking in the mining sector overshadowed gains from industrials and financials‚ while US jobless claims fell more than expected‚ but this appeared to have no effect on the local market.
view more
Source: FIN24
Mining industry loses billions to strikes
April 11, 2013--South Africa's mining industry lost over R15bn in production during the strikes in the 2012/2013 financial year, according to figures released by the SA Institute of Race Relations (SAIRR) on Thursday.
Just over R10bn was lost in gold and platinum production during the mining sector stoppages last year. "An additional R180 million was lost in coal production during the same period. The total value of production lost across all sectors of mining amounted to R15.3bn," SAIRR spokesperson Boitumelo Sethlatswe said in a statement.
view more
Source: FIN24
