Alison Maltz
Guest Author
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/ 17 September 2004

World markets, rand lift JSE

The JSE Securities Exchange (JSE) was in positive territory in noon trade on Friday, fuelled by strength in world markets and a light weakening in the rand. However, dealers said that the market could turn negative later in the day on profit taking following Thursday’s futures closeout.

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/ 8 September 2004

JSE climbs as rand loses ground

The JSE Securities Exchange (JSE) was in positive territory in noon trade on Wednesday, with a weaker rand fuelling a rally in heavyweight resources stocks. However, volumes were light as the market adopted a cautious approach ahead of key testimony by United States Federal Reserve chairperson Alan Greenspan later in the day.

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/ 7 September 2004

Resources, banks lead JSE lower

The JSE Securities Exchange (JSE) was in the red just before noon on Tuesday, having been knocked down by heavyweight resources and banking counters. Petrochemicals group Sasol, which was hit by the double whammy of disappointing results and a strike at its coal operations, was the most active stock.

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/ 6 September 2004

Dual-listeds drive JSE higher

The JSE Securities Exchange (JSE) was in positive territory at midday on Monday, lifted by heavyweight dual-listed stocks. The market was otherwise quiet, as could be expected considering the Labour Day holiday in the United States. At noon, the all-share and all-share industrial indices were 0,56% and 0,54% stronger respectively.

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/ 3 September 2004

Telkom pumps up volume on quiet JSE

Telecommunications group Telkom dominated activity on the JSE Securities Exchange (JSE) on Friday, which was otherwise quiet as players awaited the release of United States non-farm payrolls data. While Telkom shares were down sharply, the rest of the market was firmer, helped by strength in US markets overnight and a slightly softer rand.

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/ 1 September 2004

Strong European markets buoy JSE

After a volatile start, the JSE Securities Exchange (JSE) settled in positive territory by noon on Wednesday, buoyed by strength on European markets. Retailers and banks were features on the upside, with many hitting new highs. By 11.59am, the all-share index was up 0,37%. Industrials and financials firmed 0,53% and 0,58% respectively.

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/ 25 August 2004

JSE takes breather after recent run

The JSE Securities Exchange (JSE) was in consolidation mode in noon trade on Wednesday, with the profit taking in resources that began on Tuesday continuing. The rest of the market was fairly mixed. By 12.05pm, the all-share index was 0,49% softer. Resources retreated 1,18% and the gold-mining index lost 1,05%.

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/ 24 August 2004

JSE takes breather after Monday’s run

The JSE Securities Exchange (JSE) was drifting in the red in noon trade on Tuesday as players paused for breath after the bourse’s strong rally on Monday. A slight recovery in the rand and a lower gold price added to the negative picture. The rand traded at a worst level of R6,7350 against the dollar earlier in the session.