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JSE shows some recovery after slide
April 18, 2013--The JSE has been firmer after falling to a four-month low
as investors re-entered the market to pick up stocks at lower prices.
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Source: FIN24
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Source: FIN24
