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/ 30 September 2003
The South African rand was hovering around the R7 per dollar level in noon trade on Tuesday, after trading as low as R6,9875 earlier in the morning. Better-than-expected producer inflation data released on Tuesday morning failed to weaken the local unit and currency traders saw it firming further.
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/ 30 September 2003
The JSE Securities Exchange South Africa (JSE) was haemorrhaging in noon trade on Tuesday, when heavyweight dual-listed and resources stocks were bludgeoned by a stronger rand. While decliners outnumbered advancers on the all-share index by about three to two, they dominated on the Top 40 index by more than six to one.
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/ 17 September 2003
An early rally on the JSE Securities Exchange South Africa petered out on Wednesday morning, with the all-share index drifting into the red by noon. Dealers said that caution ahead of Thursday’s futures closeout was also keeping buyers out of the market.
Heavyweight resources stocks Anglo American and BHP Billiton were propping up the JSE Securities Exchange South Africa in thin noon trade on Friday. Overall, the market’s performance was stodgy, with decliners outnumbering advancers on the Top 40 index by two to one.
The JSE Securities Exchange South Africa was weaker at midday on Monday, taking its cue from world markets. Volumes were extremely light due to the bank holiday in the United Kingdom and dealers said that lack of liquidity was also playing a role in any moves.
The JSE Securities Exchange South Africa was in positive territory in noon trade on Friday, helped by a slightly weaker rand, a strong close on the Dow overnight and
positive United States futures. However, volumes were thin — just under half a
billion rand worth of shares had changed hands.
Gold stocks glistered on the JSE Securities Exchange South Africa just before noon on Thursday, leading the upside of the overall index. Heavyweights Anglo American and BHP Billiton led the downside, after being dragged into the red by profit-taking and a stronger rand.
A stronger rand and weaker world markets pulled the rug up from under heavyweight dual-listed and resources stocks on the JSE Securities Exchange South Africa (JSE) on Wednesday, leaving the overall index almost 1% lower just after midday.
After two strong days, the JSE Securities Exchange South Africa (JSE) came under pressure in early trade on Friday on the back of a slightly stronger rand and weaker
world markets.
Suspended prison chief Tatolo Setlai will face 20 criminal charges when his trial starts in November in the Bloemfontein Regional Court, the prosecutor said on Monday.