Jacqueline Mackenzie

Technical problems delay opening of JSE

The technical problems that have delayed the opening of the JSE on Monday had still not been resolved by noon on Monday.

JSE remains up on resources

South African stocks remained in the black at noon on Friday as resources recovered after recent losses.

JSE follows world markets into the red

After opening flat on Tuesday morning, the JSE followed world markets into the red during the course of the morning.

Resources keep JSE in the black

South African stocks remained in the black at midday on Monday, thanks to firm resources stocks, which are benefiting from soaring metals prices.

JSE softer on resources pull back

South African stocks were weaker at midday on Wednesday mainly due to a pull back in resources stocks.

JSE remains in the black on resources

South African stocks remained in the black by midday on Tuesday, driven mainly by gains for resources as local markets reopened after a holiday on Mon

JSE pauses after strong run

The JSE was taking a breather on Tuesday after its recent strong rally, which took the bourse to successive record highs, as some profit-taking set in. However, earlier the all-share index hit yet another fresh record high when it touched 33 263,148. At noon, the JSE's all-share index was down 0,88%.

Resources boost JSE to new high

South African stocks hit another fresh high on Friday morning, boosted by strong gains for resources. At 11.56am, the all-share index was up 0,82%, boosted by a 1,48% rise in resources and a 2,06% gain for the platinum-mining index. Banks were up 0,37% and financials were 0,61% better. Industrial were flat (-0,03%) and the gold-mining index eased 0,80%.

Profit-taking sees JSE give up gains

After opening firmer on Friday morning, the JSE had given up its gains by midday and was trading 125 points in the red. A local trader said that after the all-share index posted an all-time high of 32 440,9 earlier, the market saw some profit-taking, particularly in the resources stocks.

JSE flat, resources the main feature

Resources stocks were the main feature of the JSE by midday on Thursday, with the overall market generally flat following an overnight decline on Wall Street. At 11.56am, the JSE's broader all-share index was up 0,12%, helped by a 1,1% rise in resources, 0,89% advance in the gold mining index and a 0,39% rise in the platinum mining index.

JSE up, but sluggish at midday

The JSE remained in the black at midday on Wednesday thanks to firm resources stocks, but banks and financials were under a bit of pressure. By 11.54am the JSE's broader all-share index was up 0,34%. Resources added 1,01%, but the platinum-mining index, after having being stronger earlier, was now off 0,52% and the gold-mining index was down 1,14%.

Rand in choppy waters as exchange controls relaxed

After weakening sharply late on Wednesday afternoon to levels above R7,90 per dollar, the rand had recovered somewhat overnight and was below R7,80 per dollar in early trade on Thursday. Market players are continuing to digest the contents of Wednesday's budget.

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