Markets WRAP: Rand closes at R14.37/$, averaging between R14.28 and R14.44
November 12, 2018--The rand was trading at Friday's weaker levels on the back of a firmer dollar.
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Source: FIN24
JSE closes weaker as fresh fears are reignited into global markets
November 9, 2018--The JSE closed weaker along with other global markets on Friday as fears were sparked due to concerns over China and the US Fed.
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Source: FIN24
Nigeria: IMF Predicts Nigerian Economy to Grow At 1.9% in 2018
November 8, 2018--The International Monetary Fund (IMF), says the Nigerian economy is expected to grow by 1.9 per cent in 2018, up from 0.8 per cent in 2017, mostly owing to fewer disruptions in oil production.
Amine Mati, the IMF Senior Resident Representative for Nigeria, said this while presenting the "Fall 2018 Regional Economic Outlook for Sub-Saharan Africa" on Thursday in Abuja.
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Source: allafrica.com
Markets upbeat as US mid-term election results are announced
November 7, 2018--The JSE inched higher on Wednesday as global stocks responded positively to the results of the US mid-term elections.
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Source: FIN24
Markets WRAP: Rand closes at R13.96/$ after trading between R13.88 and R14.19
November 7, 2018--The rand closed on the front foot on Wednesday in what was an eventful day for the currency in light of the U.S mid-term election.
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Source: FIN24
Markets WRAP: Rand closes at R14.20/$ averaging between R14.14 and R14.28
November 6, 2018--Meanwhile U.S. stocks climbed, with the biggest tech companies among the best performers, in relatively light volume as the U.S. midterm elections got underway.
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Source: FIN24
JSE shrugs off Asian weakness to close firmer
November 6, 2018--While Asian markets buckled as concerns over trade wars were reignited, in Europe trading was relatively mixed, as the major counters struggled for direction.
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Source: FIN24