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JSE steady ahead of holiday weekend
March 28, 2013--The JSE was virtually unchanged at midday on Thursday ahead of the Easter weekend.
A global risk-off environment has encouraged investors to turn to safe-haven investments as ongoing bail-out issues in Cyprus and the political uncertainty in Italy continued to weigh on global sentiment.
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Source: FIN24
Rand flat on Brics, eurozone
March 28, 2013--A combination of push and pull factors kept the rand steady at midday on Thursday.
Euro weakness stemming from fears over contagion in Europe has kept the domestic currency on the back foot‚ while talk about the introduction of a Brics bank has renewed investor sentiment.
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Source: FIN24
JSE falls on eurozone jitters
March 27, 2013--The JSE has pared morning gains, closing sharply lower with only gold miners making gains due to their safe-haven allure
amid negative global market sentiment.
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Source: FIN24
Rand remains softer ahead of key data
March 27, 2013--The rand has remained weaker, taking its cue from the weaker US dollar crosses,
ahead of key domestic data due on Thursday.
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Source: FIN24
Platinums, banks push JSE firmer
March 26, 2013--Gains in the platinum and banking sectors have pulled the JSE higher,
spurred by some investors using the previous session’s declines to buy back into the market.
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Source: FIN24
Rand stronger on Cyprus bailout relief
March 26, 2013--The rand firmed against the dollar, continuing to benefit from the positive sentiment
caused by a Cyprus bailout deal.
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Source: FIN24
Bonds show firmer bias after auction
March 26, 2013--The bond market was a tad firmer at noon after a "very successful" government auction
with the long end well bid.
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Source: FIN24
JSE pares gains as miners weigh
March 25, 2013--The JSE pared morning gains to trade flat at noon, bucking the generally positive global trend in world markets, as weakness in gold shares weighed on the domestic exchange.
At 12:45‚ the JSE All Share [JSE:J203] index was flat (0.04%) at 40 079.87 points‚ with the Top 40 - (Tradeable) [JSE:J200] index also flat (0.03%). Gold stocks lost 2.25% but industrials regained 0.47%.
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Source: FIN24
Rand at best level in four days
March 25, 2013--The rand has strengthened to its best intraday level to the US dollar in four days,
boosted mainly by positive global market sentiment.
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Source: FIN24
Nigeria: Investors Stake N5 Billion On 409.81 Million Shares On NSE
March 22, 2013--The volume of shares traded on the Nigerian Stock Exchange (NSE) yesterday increased by 30.51 per cent as investors staked N4.71 billion on 409.81 million shares in 5,311 deals.
This was in contrast to the 314.01 billion shares worth N3.30 billion traded in 4,986 deals on Wednesday.
The increase in the volume of shares traded was influenced by Access Bank which emerged the most traded equity with 141.98 million shares worth N1.46 billion exchanged in 334 deals.
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Source: Allafrica.com
