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Markets WRAP: Rand closes at R14.50/$, after a weak session
May 6, 2019--The local unit weakened as much as R14.54/$ on Monday, along with other emerging market currencies. This just two days ahead of national elections.
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Source: FIN24
JSE set for a strong year but still offering good value
May 6, 2019--Rebound in some share prices since November has been astounding.
The year is shaping up to be an annos praeclarus ('excellent year') for the JSE, with share prices showing healthy gains this far.
Four months into 2019, the JSE All Share Index (Alsi) is currently just below the level at which it started in January 2018, before a barrage of bad news dealt investment sentiment a hard blow that saw the market end the year at a loss of some 14% .
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Source: moneyweb.co.za
Markets WRAP: Rand closes at R14.3753/$
May 3, 2019--The rand closed at R14.3753/$ on Friday.
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Source: FIN24
Positive US jobs data lifts stocks
May 3, 2019--The JSE closed firmer on Friday as it tracked other global markets higher which rose on the back of upbeat US jobs data.
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Source: FIN24
Financials rally despite weaker rand
May 2, 2019--The JSE inched higher on Thursday, mainly on the back of gains that were recorded in the financials and industrials indices.
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Source: FIN24
Markets WRAP: Rand closes at R14.54/$
May 2, 2019--The rand closed at R14.54/$ on Thursday.
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Source: FIN24
Work starts on African exchanges linkage project
May 2, 2019-Africa's stock exchanges, regulators, central banks, stockbrokers and clearing systems are working together on the African Exchanges Linkage Project (AELP), set to create trading and information links between the 7 leading securities exchanges.
Participating exchanges at the first capital markets stakeholders' roundtable were the West African regional exchange Bourse Regionale Valeures Mobilieres (BRVM), Casablanca Stock Exchange, The Egyptian Exchange, Johannesburg Stock Exchange, Nairobi Securities Exchange, The Nigerian Stock Exchange and the Stock Exchange of Mauritius.
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Source: africancapitalmarketsnews.com
Weaker Chinese economic data dampens investor confidence
April 30, 2019--The local bourse traded mostly flat on Tuesday as global markets digested weaker than expected Chinese economic data.
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Source: FIN24
Markets WRAP: Rand closes at R14.33/$
April 30, 2019--Peregrine Treasury Solutions's Bianca Botes said earlier that the rand traded largely sideways throughout Monday, including during the overnight session as the focus remained on global factors including growth and oil prices...
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Source: FIN24
JSE weaker as mining blue chips struggle
April 29, 2019--The JSE closed weaker on Monday, mainly on the back of weakness recorded across most blue-chip stocks.
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Source: FIN24
