The JSE was in positive territory just after midday on Monday after Friday’s release of strong economic growth numbers in the United States boosted markets globally. With London opening an hour later as clocks were switched back from daylight saving time, volumes were fairly light however.

The JSE was weaker in noon trade on Friday following sharp losses on Wall Street overnight. A slight intraday firming of the rand also played a role, dealers said. By 11.54am, the all-share index slipped 0,68%. Resources retreated 1,63%, with the gold- and platinum-mining indices losing 1,31% and 1,18% respectively.

After its 1,82% slide on Wednesday, the JSE had recouped most of its losses by midday on Thursday, boosted by a rebound on United States markets overnight. By 12.04pm, the all share and all share industrial indices added 1,22% and 1,55% respectively. Financials firmed 1,39% and the banks index was up 1,51%.

The JSE was sharply weaker in noon trade on Wednesday, knocked by the double whammy of weaker world markets and lower metals prices. Losses were seen across the board and decliners outnumbered advancers on the all share index by around 10 to one.

The JSE was a mixed bag in noon trade on Wednesday, with London-listed brewer SABMiller leading the downside as the market reacted to its trading statement issued before the opening. On the upside, resources benefited from higher commodity prices and a slightly weaker rand.

The JSE was stronger just before midday on Monday, with buyers returning to the market after a three-day sell-off. Gold stocks were a feature after the metal reached its highest level since January 1988. By 11.57am, the all-share index added 0,86%.

After opening in the black, the JSE surrendered its gains on Friday morning, extending its losing streak into a third day. The bourse’s weakness was in line with the global trend. By 12.05pm, the all-share and all-share industrial indices shed 0,85% and 1,08% respectively.

The JSE was in negative territory just before noon on Thursday, having followed world markets weaker. Gold shares were the sole bright spot buoyed by a higher bullion price. By 11.56am, the all share index dropped 1,9%. Industrials slid 1,71%,
financials fell 1,29% and the banks index weakened 1,66%.

The JSE was weaker just before midday on Monday, having been knocked by basket-selling by futures players. Gold stocks, which were further hit by a lower gold price and poor performance by their ADRs in New York on Friday, were down sharply. By 11.56am, the all-share index shed 0,84%.

The JSE reached yet another record high on Friday, peeping above the 16 800 level for the first time. Strength in heavyweight dual-listed stocks offshore and a higher gold price contributed to the JSE’s strength. The rand was bid at 6,35 per dollar from 6,38 when the JSE closed on Thursday, while gold was quoted at $473,55 a troy ounce from $471,85/oz at the JSE’s last close.