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/ 24 October 2003
The JSE Securities Exchange South Africa (JSE) was weaker in noon trade on Friday in a quiet market. Dealers said that with nothing to attract buyers, the bourse had drifted down.
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/ 23 October 2003
The JSE Securities Exchange South Africa (JSE) retreated like a fox chased by a pack of hounds on Thursday morning as weak world markets and a strong rand took their toll. Basket-selling by futures players added to the bourse’s weakness. At 12.01pm, the all-share and all-share industrial indices were down 1,35% and 1,01% respectively.
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/ 21 October 2003
The JSE Securities Exchange South Africa was slightly weaker just before noon on Tuesday, with a stronger rand offsetting the positive effect of firmer world markets. Dealers said that, as was the case on Monday, there was a general lack of interest in the market and volumes remained fairly light.
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/ 17 October 2003
The JSE Securities Exchange South Africa was roaring ahead in noon trade on Friday, with a weaker rand giving heavyweight dual-listed and resources stocks a boost. Buying at the top end of the market filtered through to the rest and
advancers outnumbered decliners on the all share index by about nine to one.
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/ 16 October 2003
The JSE Securities Exchange South Africa (JSE) was drifting in the red just before noon on Thursday, on lack of buying interest ahead of the South African Reserve Bank monetary policy committee’s decision on interest rates. Volumes were very light, with less than R400-million-worth of shares changing hands.
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/ 13 October 2003
Monday blues failed to dampen spirits on the JSE Securities Exchange South Africa (JSE), with the all-share index up for the fourth straight day on the back of a slightly weaker rand and a strong performance by heavyweight dual-listed stocks on positive offshore markets.
Stronger European markets and a positive close on the Dow overnight helped the JSE Securities Exchange South Africa (JSE) bounce into the black on Wednesday, after being oversold on Tuesday. Volumes remained light, however, with a fair portion of the buying in the market coming from futures players.
A strong rand — dipping down to R6,82 — and basket-selling by futures players drove the JSE Securities Exchange South Africa into the red on Tuesday, with the overall index more than 1% weaker in noon trade. Softer world markets added to the negative tone.
The JSE Securities Exchange South Africa (JSE) was in positive territory in noon trade on Friday, propelled by heavyweight dual-listed stocks, which were up offshore. However, as has been the case in recent days, volumes were light, with no real conviction behind the buying.
The South African rand remained below R7 per dollar in early trade on Wednesday, after breaking this level on Tuesday for the first time in three years. While currency traders said there might be a bit of profit taking, dollar sales were helping the rand retain its robust tone.