Jacqueline Mackenzie
Guest Author
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/ 28 September 2006

JSE stays in the black

The JSE remained in the black at midday on Thursday, with gold and resources stocks giving the bourse support as the bullion price moved back above the $600 an ounce level overnight. Traders noted good demand for retail stocks earlier in the session, but prices for these stocks have come off a shade after worse than expected producer inflation figures.

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/ 25 August 2006

JSE down slightly, eyes Wall Street

After ticking slightly higher in early trade, the JSE was a tad softer by noon on Friday, with traders waiting for a lead from external factors. By noon, the all-share index was down 0,19%, with the gold-mining index down 1,93% and resources off 0,39%. Industrials were off 0,2%. Financials firmed 0,21% and banks advanced 1,01%.

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/ 11 August 2006

JSE firmly in the black

The JSE was firmly in the black at midday on Friday, in line with most European markets which shrugged off Thursday’s foiled airline terror attacks. By 12.13pm, the all-share index was up 0,87%, with resources 1,09% firmer, the gold-mining index 1,2% better and the platinum-mining index up 0,34%.

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/ 7 July 2006

Resources lift JSE

The JSE was in the black at midday on Friday, lifted by resources, which were also firmer in London. The JSE’s gains came despite the firmer rand. By noon, the all-share index was up 0,11%. Resources added 0,79%, the gold-mining index was up 0,48%, while the platinum-mining index advanced 1,24%.

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/ 30 June 2006

JSE up 2% in line with global trend

The JSE remained strong at midday on Friday with the overall market up 2% in line with firmer global markets and strong commodities prices. Following the decision by the United States Federal Open Market Committee to increase interest rates, Wall Street surged more than 2% on Thursday, posting its biggest one-day point gain in more than three years.

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/ 16 May 2006

JSE off worst levels

The JSE was off its worst levels by midday on Tuesday as some bargain hunting emerged after the all-share index fell over 800 points, or 3,7%, on Monday. The gold-mining index, which was off 4% earlier, had come back and by midday was 2,87% lower. By 11.53am, the all-share index had shed 0,92%, with the platinum-mining index down 3,58% and resources off 1,95%.