Markets WRAP: Rand closes at R13.84/$
February 25, 2019--This after TreasuryONE said in a morning note to clients that the rand opened firmer this morning as news that President Donald Trump had delayed the date for the imposition of new tariffs on Chinese imports buoyed markets.
view more
Source: FIN24
NSE partners with market stakeholders, launches Mutual Funds trading platform
February 22, 2019--The Nigerian Stock Exchange ("the Exchange" or "NSE") in conjunction with Fund Managers Association of Nigeria (FMAN); Association of Stockbroking Houses of Nigeria (ASHON) and The Central Securities Clearing System (CSCS) Plc has launched the NSE Mutual Fund Trading and Distribution Platform on February 22, 2019 at the NSE in Lagos.
The Mutual Fund trading platform will bring together market participants to facilitate electronic transactions with seamless interaction between NSE, CSCS Plc, Fund Managers and Brokers Dealers. Investors will have the benefit of a single view of their mutual fund investment and ease a variety of transactions like subscription, redemption, cancellation etc.
view more
Source: The Nigerian Stock Exchange
JSE eases as global sentiment remains tentative
February 21, 2019--The ongoing trade talks between the USA and China continue to dominate global market sentiment, and this was more evident today with the release of Manufacturing PMI data from key markets such as Germany, the Eurozone and the USA.
view more
Source: FIN24
TECHNICAL ANALYSIS: JSE Gold Index-important breakout
February 21, 2019--The JSE Gold index has broken out of an almost two-year sideways range and has a significantly higher target in place now.
view more
Source: FIN24
Markets WRAP: Rand closes at R14.14/$
February 19, 2019--TreasuryONE said earlier that the rand was likely to remain under pressure as all eyes turn to Finance Minister Tito Mboweni's Budget address tomorrow.
view more
Source: FIN24
Markets WRAP: Rand closes at R14.13/$
February 18, 2019--TreasuryONE said earlier that the rand was likely to remain under pressure this week with the lead up to the Budget speech on Wednesday.
view more
Source: FIN24
JSE manages gains after a lukewarm trading session
February 15, 2019--European equities bared no brunt from the Asian trading session as all the major bourses advanced on the back of progress in the US-China trade talks
view more
Source: FIN24
Markets WRAP: Rand closes at R14.12/$
February 15, 2019--TreasuryONE said earlier that the rand weakened sharply against major currencies on Thursday on continued concern over Eskom and the potential further fallout.
view more
Source: FIN24
Markets LIVE: Rand breaks above R14/$ on back of load shedding, strong dollar
February 14, 2019--The local currency was trading at 14.0600 on Thursday morning, taking hits from Eskom, poor local retail sales data and a stronger dollar.
view more
Source: FIN24
Local bourse closes flat as rand weakens
February 14, 2019--The US dollar did retreat after the release of US retail sales data which came in worse than anticipated, but this did not result in significant strengthening for the rand and other emerging market currencies. The rand was trading 0.84% weaker at R14.18/$ at 17:00.
view more
Source: FIN24