Stocks lifted ahead of long weekend-continued

April 5, 2012--South African stocks clawed back some lost ground on Thursday, as investors bought back shares of Kumba Iron Ore and other resource stocks that had been hammered in the previous session.
But traders said the recovery was also tempered with caution, ahead of a four-day Easter holiday that starts on Friday.

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Source: FIN24

AFRICA ETP News
African Development Bank launches the 2018 Edition of the African Economic Outlook-Flagship report to highlight state of socio-economic performance, outlook and progress in 54 African countries
January 18, 2018--HIGHLIGHTS
PART I: MACROECONOMIC DEVELOPMENTS AND STRUCTURAL CHANGE
African economies have been resilient: Real output is up, reflecting generally good macroeconomic policies, progress in structural reforms (especially in infrastructure development), and generally sensible policy frameworks.
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Rand continues 2018 rally, as Kganyago sounds note of caution
January 18, 2018--The local currency has strengthened to R12.10 to the US dollar, an exchange rate last seen in June 2015.
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JSE climbs higher as rand sensitives continue to perform
January 17, 2018--Retail and financial stocks lifted the JSE on Wednesday as they recorded another day of gains.
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Financials rally on back of a firmer rand
January 16, 2018--The JSE tracked higher on Tuesday as the rand propelled financial stocks higher.
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Rand briefly touches three-year high as dollar on back foot
January 16, 2018--The rand has broken below the R12.30/$ level and even tested R12.20 to the greenback, although there is no clear reason for its sudden surge except the impact of the weaker dollar.
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Miners lead the JSE higher
January 15, 2018--The JSE closed firmer on Monday as miners led the way on the back of firmer commodity prices.
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Rand shows strength ahead of interest rate decision
January 15, 2018--The rand has been hovering around R12.36 to the dollar due to the US currency being on the back foot across the board owing to strong commodity prices.
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Nigeria :Stock Market Hits 9-Year High As Investors Gain N1.7tr in 8 Days
January 12, 2018--The Nigeria Stock Exchange, NSE yesterday continued its record breaking performance with total market capitalisation rising by N437 billion, thus extending investors gain to N1.7 trillion in the first eight trading days of the year.
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All sectors of the JSE close the week higher
January 12, 2018--Resources continued to be the JSE's stand-out sector, finishing the day up 1.99%, while embattled retailer Steinhoff lost another 7.85%.
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JSE reviewing day of volatile trading
January 11, 2018--The JSE is aware of the recent volatility in the share prices of certain companies and has noted various media reports in this regard, it tells Fin24.
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Confused rand in balancing act between politics and economics-expert
January 11, 2018--Although the rand is supported by stronger commodity prices and the afterglow of Ramaphosa's victory, it is still unclear which direction the currency wants to take, says an expert.
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Rand briefly hits R12.55/$ on rumours Zuma staying put
January 10, 2018--Market analysts have warned that the local currency is particularly sensitive to political rumours, as traders try to anticipate the political manoevres of the ANC.
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Another good day for the local market
January 9, 2018--Tuesday has been another good day for the local market with the All-Share index closing up 0.13%, the blue-chip Top40 up 0.12%, industrials up by 0.02% and financials up by 0.33%.
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Rand falls as reality of Ramaphosa's task sets in
January 9, 2018--The rand has taken takes a knock as euphoria over Ramaphosa's win dies down, after clocking up its longest weekly winning run since 2010.
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All sectors of the JSE in the green at start of new week
January 8, 2018--Resource stocks lead the way to firm by 1.55%, with BHP Billiton and Anglo American up 2.82% and 2.06% respectivel
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Rand stable ahead of ANC birthday celebrations
January 8, 2018--Analysts predict the rand will continue to trade in a band between R12.25 and R12.50 to the dollar, ahead of the ANC's birthday celebrations on Saturday.
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Nigeria: Nigeria Stock Exchange Rated Africa's Best in 2017
January 6, 2018--Nigeria's Lagos Stock Exchange (NSE) outshone the South African and Kenyan bourses over the past year in a development analysts attributed to political tensions in the latter two countries.
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Nigeria: Banking Stocks Rise Further On Sustained Demand By Investors
January 4, 2018--High demand for banking stocks at the stock market lifted their prices further yesterday, which was the second trading day for the new year.
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Nigeria:Nigeria Stock Exchange 2017-How Companies' Values Fell, Rose
January 3, 2018--For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange, NSE, in 2017 in percentage terms.
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Rand takes a breather
January 3, 2018--The rand has taken a breather from its strong push below R12.30/$ to currently trade around R12.45 against the greenback.
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African stock markets end 2017 on bullish note
January 3, 2018--African stock markets recorded impressive gains in 2017, with the Zimbabwean Stock Exchange the top performer with triple-digit growth.
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Rand resumes strong run, breaks below R12.30/$
January 2, 2018--The rand, which has traded on the front foot against a weaker dollar, improved around 10% in December alone.
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Nigeria:Nigerian Stock Market Among World's Top 5 Performers in 2017-Report
December 29, 2017--Nigeria's stock market has been named to be amongst the five top performers in 2017, topping equities markets of most major European, Middle Eastern and Asian countries, a CNN report has revealed.
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Rand's robust run stumps analysts
December 28, 2017--The strength of the rand has caught many economists by surprise as its rally looks set to continue, says financial market analyst James Paynter.
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NSE to introduce guidelines on derivatives trading
December 28, 2017--The Nigerian Stock Exchange, NSE, said it would soon introduce guidelines for creation, listing and trading of derivative products on its platform.
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Rand rallies to pre-Gordhan ouster levels on Ramaphosa
December 27, 2017--It has taken South Africa's rand exactly nine months--and a new ruling-party leader--to claw back the losses it suffered after President Jacob Zuma unexpectedly fired finance minister Pravin Gordhan in March.
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Lagos set to overtake Johannesburg as 2nd largest African city by GDP
December 24, 2017--Lagos is set to overtake Johannesburg as Africa's second largest city by gross domestic product by 2035, according to a report by Oxford Economics.
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Guide to key Africa markets in 2018-What investors should watch for in ten markets, from Angola to Zimbabwe
December 23, 2017--For bond investors, Africa's been a happy hunting ground this year.
Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
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IMF Staff Completes 2018 Article IV Mission to Nigeria
December 22, 2017--Nigeria is exiting the recession but the economy remains vulnerable.
Welcome actions to improve the power sector and business environment under the Economic Recovery and Growth Plan.
Macroeconomic and structural reforms remain urgent to contain vulnerability and support sustainable private sector led growth.
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JSE climbs, rand weakens
December 21, 2017--The JSE climbed higher in line with broadly stronger global markets on Thursday, while the rand weakened, closing at R12.70/$.
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