Alison Maltz
Guest Author
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/ 17 May 2005

Softer rand buoys bourse

The JSE Securities Exchange (JSE) was in positive territory just before noon on Tuesday with the rand — which was trading at its worst levels in seven months — buoying heavyweight resources and dual-listed stocks. By 11.51am, the rand was quoted at R6,42 per dollar from R6,36 when the JSE closed on Monday.

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/ 13 May 2005

Weak rand fails to stem JSE slide

The JSE Securities Exchange (JSE) was deluged with red in noon trade on Friday, following a sell-off on world markets. A weaker rand failed to stem the tide. By noon, the all-share index weakened 1,02%. Industrials lost 0,38% and financials fell 1,19%. Resources retreated 1,6% and the gold-mining index surrendered 1,08%.

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/ 14 April 2005

Negative global sentiment knocks JSE

The JSE Securities Exchange (JSE) was weaker in noon trade on Thursday — having traded at its worst level since February earlier in the session — despite a softer rand. Negative global sentiment and poor performances by heavyweight dual-listed stocks offshore were weighing on the local bourse, dealers said.

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/ 11 April 2005

Rand, world markets drag JSE down

The JSE Securities Exchange was weaker at midday on Monday, dragged down by a softer rand and poor performances by heavyweight dual-listed stocks offshore. A couple of counters went ex-dividend, which added to the market’s losses. By 12.2pm, the all share index was down 0,77%.

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/ 8 April 2005

Rand, world markets lift JSE

The JSE Securities Exchange (JSE) was firmer in noon trade on Friday, lifted by the weaker rand and stronger world markets. It was a fairly quiet morning’s trade, with more interest in the Super 12 rugby than the market, dealers said. By 11.55am, the all-share index was up 0,64%. Industrials and financials strengthened 0,85% and 0,7% respectively.

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/ 6 April 2005

JSE flat as world markets offset rand

The JSE Securities Exchange (JSE) was flat in noon trade on Wednesday, with firmer world markets offsetting the negative effects of a stronger rand. Trade was brisk — about R1,7-billion-worth of shares had changed hands. By 12.04pm, the all-share and all-share industrial indices were both flat.

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/ 1 April 2005

JSE up as positive sentiment prevails

The JSE Securities Exchange (JSE) was firmer in noon trade on Friday as the positive sentiment from Thursday’s rally continued, dealers said. However, the gains came on light volumes. By 12.03pm, the all-share index advanced 0,8%. The financial and banks indices jumped 0,92% and 1,35% respectively.

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/ 30 March 2005

Order-driven JSE ticks higher

The JSE Securities Exchange (JSE) recouped early losses to trade slightly higher just after midday on Wednesday in a primarily order-driven market. Dealers said that a slight weakening in the rand from levels seen earlier in the morning was also helping.

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/ 24 March 2005

JSE awash with red in quiet trade

The JSE Securities Exchange (JSE) was awash with red at noon on Thursday after a quiet morning’s trade. A fall in the Dow overnight and a recovery in the rand from Wednesday’s worst levels were weighing on the market, dealers said. By 12.04pm, the all-share index shed 0,67%. Industrials and financials fell 0,26% and 0,29% respectively.