The JSE Securities Exchange was deep in the red just before midday on Monday, in line with world markets. However, volumes were fairly light compared to recent days. By 11.53am, the all share index was down 0,85%. Resources retreated 1,58%, with the gold and platinum mining indices losing 0,71% and 1,24% respectively.

The rand remained firm below the R6-per-dollar level in late morning trade on Thursday, although importer demand for dollars was preventing it from fully capitalising on strength in the euro, which was trading near record highs. At 11.39am, the rand was quoted at R5,9468 per dollar from an overnight close of R5,9651 on Wednesday.

Although off its highs seen in early trade, the JSE Securities Exchange (JSE) remained in the black in noon trade on Wednesday, taking its cue from world markets. By 12.05pm, the all-share and all-share industrial indices were up 0,48% and 0,63% respectively. Financials were 1,09% firmer, while the banks index jumped 1,38%.

The JSE Securities Exchange (JSE) was in positive territory in noon trade on Tuesday although a strengthening rand threatened to pare the bourse’s gains. Dealers said that the market was difficult to call and that there were no clear trends. At noon, the rand was quoted at R6,35 per dollar from R6,37 when the JSE closed on Monday.

The JSE Securities Exchange (JSE) was in the red in noon trade on Monday, led down by gold miner Harmony as the market reacted to its proposed takeover of rival Gold Fields — which led the market’s upside. Excluding activity in these two stocks, volumes were extremely light.

The JSE Securities Exchange (JSE) was in positive territory in noon trade on Tuesday, buoyed by demand for gold and banking stocks. The bourse had come off its highs, however, on the back of a strengthening rand. By 12.22pm, the all-share index added 0,24%. Industrials strengthened 0,63%.