Jacqueline Mackenzie
Guest Author
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/ 2 December 2005

JSE stays firm despite strong rand

The JSE got off to a strong start on Friday, but came off the boil during the course of the morning session. While still well in the black by midday, the strong rand — which had moved below the R6,40 per dollar level — was keeping a lid on gains, traders said. Strong commodities prices were also giving the JSE cheer.

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/ 28 November 2005

JSE gives up early gains

After opening firmer on Monday morning, the JSE was in negative territory by midday in a quiet, order driven market. The JSE’s all share index was up over a hundred points at one stage, but had given up these gains and more by midday. By noon, the all share index was down 0,30% with the banks index off 0,81%, financials 0,42% softer and the industrial index 0,33% lower.

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/ 25 November 2005

JSE drifts weaker in thin trade

The JSE was softer in quiet trade at midday on Friday, with stocks just drifting weaker as the JSE ran out of steam in the absence of any fresh direction. The United States was closed on Thursday for the Thanksgiving holiday, and with markets open half-day on Friday, many US players would be absent, having taken a long weekend.

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/ 28 October 2005

JSE remains softer at mid-session

The JSE remained in the red at midday on Friday after opening weaker in line with global markets, with no major corporate news to give the market direction. By 12.18pm, the all-share index was down 0,65% and industrial index was down 0,66%. The financial index shed 0,23%, while the banks index was off 0,47%.