Alison Maltz
Guest Author
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/ 4 June 2004

JSE quiet ahead of United States jobs data

The JSE Securities Exchange (JSE) was marginally stronger in noon trade on Friday in a market that was extremely quiet ahead of the release of United States non-farm payrolls data at 2.30pm. Gold stocks pared the bourses gains, tumbling on the back of a lower bullion price and a poor performance by their ADRs in the US overnight.

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/ 3 June 2004

Rand, world markets send JSE south

The JSE Securities Exchange (JSE) was weaker in noon trade on Thursday, dragged down by a stronger rand and softer world markets. Losses were most pronounced on the Top 40 index, where decliners outpaced advancers by about five to two. By 11.57am, the all-share index was down 0,46%.

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/ 1 June 2004

JSE weaker on rand, lack of interest

The JSE Securities Exchange South Africa (JSE) was in negative territory in noon trade on Tuesday, led by heavyweight dual-listed stocks which were dragged down by the stronger rand. Trade was thin — just more than half-a-billion-rand-worth of shares had changed hands — and lack of buying interest contributed to the weakness.

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/ 31 May 2004

JSE ticks up on low volumes

The JSE Securities Exchange South Africa (JSE) ticked up on Monday morning, buoyed by positive economic data released locally and buying by futures players. However, with many world markets closed, the gains came on very low volumes. At 11.54am, the all-share and all-share industrial indices were up 0,56% and 0,39% respectively.

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/ 28 May 2004

Rand, lack of interest drag JSE down

The JSE Securities Exchange South Africa (JSE) was drifting in the red in noon trade on Friday, with heavyweight resources stocks dragged down by a stronger rand. Lack of buying interest also weighed on the local bourse, dealers said. By 11.50am, the all-share index was 0,62% weaker.

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/ 27 May 2004

Basket-buying buoys JSE

Unable to glean direction from either the rand or world markets, the JSE Securities Exchange South Africa (JSE) was nevertheless forging ahead in noon trade on Thursday, fuelled by basket buying by futures players. Dealers said that the gains came in fairly low volumes.

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/ 26 May 2004

World markets, metals lift JSE

The JSE Securities Exchange South Africa (JSE) was looking strong in noon trade on Wednesday, with positive world markets, higher precious metals prices and basket-buying by futures players acting in concert to bolster the bourse. The gains came despite a stronger rand.

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/ 20 May 2004

Dual-listeds lead JSE lower

The JSE Securities Exchange South Africa (JSE) was drifting in the red just after noon on Thursday, dragged down by heavyweight resources stocks, which were weaker in London. A softer rand pared losses slightly. Resources retreated 0,85% and the platinum mining index lost 0,97%.

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/ 18 May 2004

Gold, platinum stocks drag JSE down

The JSE Securities Exchange South Africa (JSE) was drifting in the red in noon trade on Tuesday, dragged down by gold and platinum stocks, which were weaker on the back of lower precious metals prices. Heavyweight dual-listed stocks led the market’s upside, buoyed by a softer rand and in some cases positive performances offshore.

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/ 17 May 2004

JSE down, but off worst levels

The JSE Securities Exchange South Africa (JSE) was in the red, but well off the morning’s worst levels, just before midday on Monday, moving in line with the rand — one of the morning’s major drivers. While weaker world markets were also dragging on the downside, higher precious metals prices offset losses somewhat.