Alison Maltz
Guest Author
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/ 22 March 2005

World markets, gold drag JSE down

The JSE Securities Exchange (JSE) was in the red in noon trade on Tuesday, dragged down by weaker world markets, a lower gold price and a general lack of buying interest. Volumes were relatively light and with many players on holiday, it is expected to be a quiet week. By 11.57am, the all-share index shed 0,61%.

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/ 18 March 2005

JSE heads south on rand, profit-taking

The JSE Securities Exchange (JSE) was weaker at midday on Friday due to profit-taking after Thursday’s closeout and the stronger rand. Trades stemming from the closeout boosted volumes, but otherwise the market was very quiet, dealers said. By 11.59am, the all-share and all-share industrials shed 0,42% and 0,51% respectively.

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/ 17 March 2005

Rand, futures-related buying lift JSE

The JSE Securities Exchange (JSE) was riding high in noon trade on Thursday, buoyed by a weaker rand and demand for stock ahead of the afternoon’s futures closeout. Most of the gains were seen at the top end of the market — decliners outnumbered advancers on the all-share index by 67 to 51, but on the Top 40 index, 26 shares were up and only 15 were down.

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/ 16 March 2005

JSE ticks up as rand buoys resources

The JSE Securities Exchange (JSE) was slightly stronger in noon trade on Wednesday, with a softer rand supporting resources stocks. The heavy weight of resources kept the bourse in the black, even though decliners outnumbered advancers on the resources index by about two to one.

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/ 15 March 2005

Weaker rand takes JSE to new high

The JSE Securities Exchange (JSE) rallied to a new high on Tuesday morning, fuelled by the rand, which broke above the psychological R6 per dollar level. There was no other news to give the bourse direction, dealers said. By 12.06pm, the all-share index added 0,3% to 13 685,84. It touched a record high of 13 674,360 earlier in the session.

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/ 11 March 2005

BHP Billiton, Anglo lead JSE lower

The JSE Securities Exchange (JSE) was weaker just before noon on Friday due to selling in resources heavyweights BHP Billiton and Anglo American out of London. Lack of interest from local players contributed to the market’s weakness, dealers said. By 11.52am, the all-share index shed 0,54%.

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/ 3 March 2005

Dual-listeds lead JSE to new high

After taking a breather on Wednesday, the JSE Securities Exchange resumed its push to record highs on Thursday when strength in heavyweight dual-listed stocks offshore encouraged futures related buying locally. By 12.05pm, the all share index was up 0,52% at 13 526,2 after earlier reaching a highest ever 13 557,19.

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/ 2 March 2005

JSE weakens despite weak rand

The JSE Securities Exchange was weaker just after noon on Wednesday, with heavyweight dual-listed stocks coming under pressure offshore. The losses came despite a softer rand. By 12.17pm, the all share index shed 0,43%. Resources retreated 1,12%, with the gold and platinum mining indices losing 1,26% and 1,03% respectively.

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/ 1 March 2005

JSE ticks higher as rand weakens

The JSE Securities Exchange (JSE) was modestly firmer in noon trade on Tuesday, helped by a weakening rand. However, weaker United States markets overnight and a high oil price were dampening sentiment and keeping the bourse in check, dealers said. By 11.55am, the all-share index was up 0,11%.

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/ 28 February 2005

World markets lift JSE to new highs

The JSE Securities Exchange (JSE) rallied to yet another record high on Monday morning, fuelled by stronger world markets. While the number of advancers and decliners on the all-share index was pretty equal, the majority of heavyweights were up, ensuring the bourse’s positive performance. By 11.56am, the all-share index was up 0,57% at 13 452,25.