The JSE was firmer in noon trade on Friday, boosted by rand weakness and relatively strong commodities. However, dealers believed the bourse’s strength was overdone and that it was priced for a correction. By 12.06pm, the all-share and all-share industrial indices added 0,86% and 0,71% respectively.

The JSE was a mixed bag just before noon on Tuesday after an unexciting morning’s trade. A slightly firmer rand put a bit of a dampener on the resources sector, but industrials and financials benefited from positive global markets. By 11.53am, the all-share index eased 0,07%.

The JSE was treading water just before midday on Monday, with the overall index just marginally weaker after a scrappy morning’s trade that lacked any real direction. The bank holiday in the United Kingdom made for extremely light volumes — not even a billion rand worth of shares had changed hands.

The JSE was in positive territory at midday on Monday, boosted by rebounding commodity prices. London-listed Anglo American — the bourse’s heaviest weighted stock — dominated trade on reports of a possible $80-billion bid for the company. By 12.03pm, the all-share index added 1,29%.

The JSE was roaring ahead in noon trade on Thursday after Wednesday’s benign inflation data out of the United States set Wall Street alight. Gains were most pronounced on the Top 40 index on which 90% of shares were stronger. By 11.59am, the all-share and all-share industrial indices added 1,5% and 1,42% respectively.

The JSE was in positive territory just before midday on Monday as the market discounted a positive opening in the United States. London-listed resources group Anglo American led the way, despite higher commodity prices. By 11.55am, the all-share and all-share industrial indices added 0,8% and 0,91% respectively.

The JSE was weaker across the board in noon trade on Thursday, knocked by negative world markets and a stronger rand. There was an element of catch-up following the Women’s Day holiday on Wednesday and this exacerbated the bourse’s losses. By 12.01pm, the all-share and all-share industrial indices shed 1,49% and 1,07% respectively.

The JSE was firmer in noon trade on Tuesday, buoyed by positive world markets. There was very little fresh news to give the bourse direction and all eyes were on the Federal Open Market Committee announcement on United States interest rates due at 8.15pm.

The JSE surrendered early gains to head south on Thursday as players adopted a cautious stance ahead of the Monetary Policy Committee’s (MPC) announcement on interest rates due just after 3pm. Weakness on offshore markets and a lower gold price added to the negativity.

Although still in positive territory, the JSE was well off its highs in noon trade on Wednesday as the chill wind of Thursday’s expected rate hike swept through the market. Gold stocks continued to shine, however, as the metal reached the $650 level for the first time in over two weeks.