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JSE retreats as mining production data disappoints
July 11, 2019--The JSE retreated on Thursday led by losses on the resources index on the back of relatively weak mining production numbers as well as weaker rand metal commodity prices.
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Source: FIN24
Markets WRAP: Rand closes at R14.07/$
July 10, 2019--The rand closed within a hair's breadth of R14/$.
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Source: FIN24
Powell's comments inspire stock rally
July 10, 2019--The JSE rebounded to close firmer on Wednesday on the back of broad-based gains across all the major indices.
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Source: FIN24
Africa Launches Free Trade Pact
July 8, 2019-Africa is about to enter into what could be an era of peace and prosperity with the official launch of a continental trade agreement.
Nigeria--Africa's biggest economy--and Benin signed on to the new African Continental Free Trade Area Sunday at an African Union summit in Niger. This leaves only Eritrea as the only AU nation still yet to join the pact.
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Source: allafrica.com
Markets WRAP: Rand closes at R14.15/$
July 8, 2019--The day's range was between R14.10 and R14.23.
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Source: FIN24
Resurgence in mining stocks sees JSE close firmer
July 8, 2019--The JSE bucked the trend in other global markets as it closed firmer on Monday, mainly thanks to a rebound in mining stocks.
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Source: FIN24
Markets WRAP: Rand closes at R14.22/$
July 5, 2019--The local unit ended the day at R14.22/$, having weakened more than 1.5% on US jobs data.
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Source: FIN24
Markets WRAP: Rand closes at R14.03/$
July 4, 2019--The local unit which opened at R14.04/$, ended the day's session at R14.03/$.
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Source: FIN24
Resources pull the JSE lower
July 4, 2019--The local bourse recorded another lackluster trading session as the positive momentum from US markets overnight failed to filter into the session.
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Source: FIN24
Markets WRAP: Rand remains fairly flat to close at R14.08/$
July 3, 2019--The local unit which opened at R14.09/$ ended the day marginally stronger at R14.08/$.
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Source: FIN24
