Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function


JSE hit hard in global selloff

September 22, 2011--South African stocks extended losses on Thursday, tumbling more than 3% as investors sold everything from luxury goods maker Richemont [JSE:CFR] to paper manufacturer Mondi [JSE:MND] on concerns over a global slowdown, after the US Federal Reserve warned of a grim outlook for the world's top economy.

The Top 40 - (Tradeable) [JSE:J200] index of blue chips was down 2.9% at 27 190.54 at 09:18 GMT, having earlier fallen more than 3%.

The broad JSE All-share [JSE:J203] index was down 2.7%.

read more

Source: FIN24


Rand in red as rates held steady

September 22, 2011--The Reserve Bank left its repo rate unchanged on Thursday and struck a dovish note as it balanced its concerns for domestic economic growth with an expected increase in inflation stemming from a sharply weaker rand.

Governor Gill Marcus said the bank’s monetary policy committee (MPC) discussed a cut in the benchmark lending rate from its current 30-year low of 5.5%, although the final decision to keep it on hold was unanimous.

The rand hit fresh 26-month lows to the dollar and bonds trimmed losses after the MPC statement.

read more

Source: FIN24


Consumer inflation stays flat

September 21, 2011--South Africa's targeted consumer inflation was unchanged at 5.3% year-on-year (y/y) in August compared with July, below market consensus, Statistics South Africa data showed on Wednesday.

Stats SA said inflation slowed more than expected to 0.2% month-on-month (m/m) from 0.9% in July.

read more

Source: FIN24


JSE inches lower with eye on US Fed

September 21, 2011--South African stocks ended a choppy session little changed on Wednesday as investors refrained from making large moves ahead of the outcome of a US Federal Reserve meeting.

But major gold miners climbed between 3% and 4% as a tumbling domestic currency provided support.

The rand fell three percent during the session, a boost to gold miners whose product brings in dollars but whose domestic costs are mainly in rand.

read more

Source: FIN24


Bonds gain after soft CPI data

September 21, 2011--Government bonds gained on Wednesday after softer-than-expected inflation data that boosted the chances of an interest rate cut.

The yield on the 2015 bond fell to 6.83% from 6.89% prior to the inflation release at 08:00 GMT. The yield on the 2026 note was at 8.385% from 8.415% beforehand.

The rand softened slightly to R7.81 against the dollar at 08:33 GMT, from R7.7805 before the inflation release.

read more

Source: FIN24


Battered rand tipped to hit R8.00/$ soon

September 21, 2011--The rand tumbled nearly 3% to hit 16-month lows against the dollar on Wednesday as importers piled into the greenback, spooked by a recent trend of sharp declines that dealers said would continue.

In the early evening, the rand was trading at R7.8720/$, 1.7% weaker than Tuesday’s New York close of R7.74 and having hit R7.9650, its weakest since May 2010.

With over 5% of losses so far this week, the rand was on track to register its biggest weekly decline since May 2009.

read more

Source: FIN24


JSE rebounds, helped by miners

September 20, 2011--South African stocks rose to their highest level in more than six weeks on Tuesday, bouncing back from the previous session’s decline, with gold miners among the top gainers as the domestic currency falters and bullion prices cruise higher.

Grindrod also featured on the gainers’ list after Africa’s top shipping company said it would sell a stake to Remgro in exchange for a R2bn capital injection.

The JSE Top-40 Tradeable [JSE: J200] blue-chip index was up 1.41% at 28 043.66, a level last seen on August 1. The broader All-share [JSE:J203] index added 1.24% to 31 343.9.

read more

Source: FIN24


Rand gets boost from bond buying

September 20, 2011--The rand pared earlier losses against the dollar on Tuesday, bouncing from a 14-month low as investors bought bonds in a corrective move after a sharp sell-off last week.

Foreigners sold a net R6bn of local bonds last week as worries about the eurozone debt crisis deepened and expectations for a domestic interest rate cut were curbed by a sharp depreciation of the rand .

"After the sell-off last week, local bonds are looking quite attractive from a foreign perspective," said Chris Becker, market analyst at ETM.

read more

Source: FIN24


JSE negative, follows world markets

September 19, 2011--The JSE remained in the red at noon on Monday, as the local market continued to track global markets downwards.

A local trader said: "Volumes haven't been terribly exciting today and markets are still weak. Gold stocks continue to be the only performing sector. In certain cases, the rand hedges are helping stocks."

By 12:03 local time, the JSE All Share [JSE:J203] index weakened 0.77%. Gold picked up 3.41%, while platinum miners dropped 1.24% and resources were down 0.88%.

read more

Source: FIN24


Bonds weaken as selling continues

September 19, 2011--South African bonds weakened further in midday trade on Monday, as foreign players continued to offload local bonds on the back of Europe's debt problems.

According to Dow Jones Newswires, the lack of progress in solving the debt crisis at Friday's eurozone finance ministers meeting had heightened investor uncertainty.

By 11:50, the benchmark R157 bond was trading at 6.935% from its previous close of 6.770%. The R207 was bid at 8.100% and offered at 8.080% from 7.915% and the R186 was trading at 8.370% from its close of 8.190%.

read more

Source: FIN24


Americas


July 11, 2025 RMB Investors Trust files with the SEC
July 11, 2025 Mutual Fund Series Trust files with the SEC
July 11, 2025 Simplify Exchange Traded Funds files with the SEC-Simplify Government Money Market ETF
July 11, 2025 Tortoise Capital Series Trust files with the SEC-Tortoise Global Water Fund
July 11, 2025 EA Series Trust files with the SEC-Towle Value ETF

read more news


Europe ETF News


July 02, 2025 Valour Launches Eight New ETPs on Spotlight Stock Market, Including Bitcoin Cash (BCH), Unus Sed Leo (LEO), OKB (OKB), Polygon (POL), Algorand (ALGO), Filecoin (FIL), Arbitrum (ARB), and Stacks (STX)
June 16, 2025 ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it
June 12, 2025 Janus Henderson launches active fixed income ETF
June 12, 2025 ifo Institute Raises Growth Forecast for Germany
June 10, 2025 ESMA publishes latest edition of its newsletter

read more news


Asia ETF News


July 02, 2025 Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange
June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update

read more news


Global ETP News


July 07, 2025 WTO issues new edition of World Tariff Profiles
July 03, 2025 Flow Traders-Tokenization in Capital Markets: A Market Maker's Perspective
June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 

read more news


Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

read more news


ESG and Of Interest News


June 30, 2025 OECD-Environment at a Glance Indicators
June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale

read more news


White Papers


view more white papers