TUESDAY, 6.15PM:
THE JSE had a lacklustre day, in which only R802-m worth of shares was traded. Rises in Tokyo coupled with losses in Hong Kong led to a directionless local market.
At the close of trade the all share index was 8,8 points lower at 6 419, the all gold index had lost 2,1 points to 781 and the industrial index was 15,3 points weaker on 7 960. The financial index gained 22,4 points to close on 9 837.
On the bond market the R150 was up 7 basis points at a 14,42% yield, with the R153 bond rising by the same number of points to a 14,48% yield. Gold was last at $304,45, up from a London morning fix of $303,65.
MONDAY, 5.15PM:
THE Johannesburg Stock Exchange showed modest gains on Monday after ending badly on Friday. The all share index finished 54 points stronger at 6428, the financial index closed 96 points up at 9819 and the industrial index rose 78 points to 7976. The gold index ended 6 points better at 783.
The rand meanwhile remained steady: at 4.00 pm it was almost unchanged against the dollar at R4,8525, from Friday’s close of R4,8520. Gold was last at $302,35 an ounce, after a London morning fix of $303.
The benchmark long government bond, the R150, was quoted at a 14,545% yield, up 10,5 basis points from Friday’s close. The R153 bond was ten points stronger at a 14,62% yield.