Alison Maltz
Guest Author
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/ 8 September 2005

JSE eases after strong rally

The JSE was weaker just before noon on Thursday as players took profits following the bourse’s rally over the prior two days, which took it to a record high. The weakness was in line with the trend on world markets. By 11.57am, the all share index lost 0,32%. Financials and resources fell 0,52% and 0,55% respectively, while the banks index was 0,5% lower.

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/ 7 September 2005

Aggressive buying takes JSE to record

The JSE rallied to a record high on Wednesday morning as the aggressive buying that started on Tuesday continued. The strength came against the backdrop of positive global markets. By 11.57am, the all-share index was up 0,48% at 15 921,15 after earlier touching a highest-to-date 15 968,41.

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/ 7 September 2005

JSE roars to record high

The JSE roared to a record high in early trade on Wednesday as the buying that started on Tuesday continued. Dealers said that futures-related activity ahead of next Thursday’s closeout, firmer world markets and generally positive sentiment
were acting in concert to boost the local bourse.

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/ 5 September 2005

JSE eases on rand, profit-taking

The JSE was weaker just before midday on Monday, dragged down by a weaker rand and profit-taking following last week’s rally. A number of heavyweight stocks going ex-dividend exacerbated the negativity in a market that was quiet due to the Labour Day holiday in the United States.

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/ 2 September 2005

Trade on JSE halted for tech reasons

The JSE Securities Exchange’s (JSE) equity market had not resumed trade at noon on Friday after trade was halted about half an hour earlier. JSE deputy CEO Nicky Newton-King said trade was suspended after the JSE became aware that many of its members were receiving delayed messages.

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/ 1 September 2005

JSE rallies despite stronger rand

The JSE was roaring ahead just before noon on Thursday, taking its cue from stronger world markets. Petrochemicals group Sasol led the way as concerns about the affect of Hurricane Katrina continued to affect sentiment. By 11.56am, the all share index added 1,47%. Industrials and financials firmed 1,38% and 1,3% respectively, while the banks index was 1,88% in the black.

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/ 29 August 2005

JSE down as oil knocks world markets

The JSE Securities Exchange (JSE) was weaker just before midday on Monday as concerns about the effect of the record high oil price on global growth knocked world markets. Volumes were light due to the bank holiday in the United Kingdom. By 11.53am, the all-share and all-share industrial indices shed 0,51% and 0,44% respectively.

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/ 24 August 2005

JSE down on negative global sentiment

The JSE was weaker in noon trade on Wednesday on the back of negative global sentiment. Heavy losses in resources, following BHP Billiton’s results released before the opening, exacerbated the bourse’s fall. By 12.15pm, the all share index shed 1,19%. Resources retreated 2,21%, while the gold and platinum mining indices surrendered 0,48% and 0,93% respectively.

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/ 23 August 2005

JSE weaker on stronger rand

The JSE Securities Exchange (JSE) was weaker in noon trade on Tuesday, dragged down by a stronger rand. However, dealers said that some strength could possibly be seen later in the day after the market digested better-than-expected gross domestic product data released on Tuesday morning.