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JSE closes weaker as retailers flag lower festive season sales
January 17, 2018--Trading updates from Mr Price and Woolworths reflected lower than expected sales volumes during the December holidays.
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Source: FIN24
JSE mildly firmer as global stocks shrug off Brexit vote
January 16, 2019--On the local front there was disappointment as mining production data for November reflected a significant contraction.
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Source: FIN24
Markets WRAP: Rand closes at R13.83/$
January 14, 2018--TreasuryONE's Andre Botha said earlier the jump in the rand could be attributed to a couple of things -one of which was the start of the political parties election manifesto.
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Source: FIN24
Performance on African stock exchanges in 2018
January 14, 2019--We don't need to tell you 2018 was rough for equity investors, particularly the last four months.
Only 2 African exchanges managed to buck the global trend, as judged by this table of performance of main indices for investors looking for USD returns, although four had a positive return for local currency investors.
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Source: africancapitalmarketsnews.com
Markets WRAP: Rand holds firm, ends the day at R13.88/$
January 11, 2019--The rand remained on a firm footing, closing at R13.88 to the US dollar, which slid on dovish comments from the Federal Reserve Bank.
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Source: FIN24
Markets LIVE: Rand gets 'comfortable' as EMs on the front foot
January 10, 2019--The major factor last night was the release of the Fed minutes which suggested that the Fed will be more cautious with their rate hiking path than initially expected, says TreasuryONE's Andre Botha.
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Source: FIN24
Markets WRAP: Rand closes at R13.86/$
January 9, 2019--"The overall tone in the markets is for some EM strength but as we have seen in the past, sentiment is fickle and it only takes one headline for it to change," said TreasuryONE's Andre Botha.
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Source: FIN24
Nigeria's 2.1% Economic Growth to Spur West Africa 2019 Forecast
January 8, 2019--Nigeria's 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected.
The report by the UN Secretary-General on the 'Socioeconomic Trends' West African sub-region, forecasted an economic rebound in the West Africa sub-region in 2019.
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Source: allafrica.com
Markets WRAP: Rand closes at R13.93/$
January 8, 2019--The rand had a day's range of R13.86 to R14.05 to the dollar on Tuesday.
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Source: FIN24
Markets WRAP: Rand closes at R13.86
January 7, 2019--The rand continued to trade below the R14.00 level on Monday.
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Source: FIN24