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Industrials lead gains on the JSE
November 18, 2019--The local bourse took a leaf from the firmer closes in Asian markets where the Hang Seng and Shanghai Composite Index closed 1.35% and 0.8% higher respectively, while the Nikkei managed gains of 0.49%.
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Source: FIN24
JSE closes softer after flat session
November 15, 2019--The JSE closed softer on Friday as it lost momentum towards the close led by losses in the industrials and resources sectors.
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Source: FIN24
Stocks mixed as economic data disappoints
November 14, 2019--The JSE traded mostly flat on Thursday before it closed softer as stocks struggled for direction.
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Source: FIN24
African has grasped the Fourth Industrial Revolution, according to African Development Bank report, but its role globally could be even bigger
November 13, 2019--A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.
The report, titled "Potential of the Fourth Industrial Revolution in Africa", was launched on Monday at the Africa Investment Forum, the continent's premier investment marketplace, organized by the African Development Bank and its partners.
It found significant uptake already in Africa of the Internet of Things-a market that could be worth as much as $12.6bn by 2021-and strong investment growth in new technology-led areas of AI, Big Data Analytics, blockchain, additive manufacturing and drones. This is not surprising given, as the report highlights, the broad and transformative effect these new technologies can have across all sectors from agriculture to manufacturing, and from health to education and government.
view the Potential of the Fourth Industrial Revolution in Africa report.
Source: African Development Bank
Stocks softer global sentiment remains subdued
November 13, 2019--The rand came under pressure as a result of this data as it reached a session low of R15.00/$.
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Source: FIN24
Local stocks edge higher
November 12, 2019--The local bourse edged higher on Tuesday on the back of broad-based gains across all the major indices.
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Source: FIN24
Local stocks retreat as global pessimism spreads
November 11, 2019--The JSE fell on Monday as it tracked other global markets lower which were dragged by increasing violence in Hong Kong, as well as US-China trade concerns.
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Source: FIBN24
ICBC Standard Bank plans to shut base metals, equities units
Blue-chips drag JSE All-share Index lower
Local stocks softer as manufacturing data disappoints
November 8, 2019--The changes will affect 150 jobs and will take place in the first half of 2020, according to a statement from the London-based lender.
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Source: FIN24
November 8, 2019--The JSE fell on Friday led by declines in certain blue-chip stocks which fell on the back weaker earnings and negative sentiment.
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Source: FIN24
November 7, 2019--The JSE retreated on Thursday as it went against the tide in other major global indices.
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Source: FIN24
