No image available
/ 19 December 2005
The JSE continued its record-breaking run on Monday, trading at a new best level to date during the morning session, in a continuation of the trend seen last week and amid firm global markets. The rand was bid at R6,37 per dollar from R6,41 when the JSE closed on Thursday.
No image available
/ 2 December 2005
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.
No image available
/ 29 November 2005
The JSE remained in the red at midday on Tuesday, but was off its worst levels as the relatively strong rand and soft world markets weighed on the local bourse. Traders said the market showed no reaction to gross domestic product data, released at 11.30am local time, which came in much as expected.
No image available
/ 28 November 2005
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.
No image available
/ 25 November 2005
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.
No image available
/ 22 November 2005
The Gauteng government plans to accelerate spending on infrastructure and social services in the next three years. Provincial minister for finance and economic affairs Paul Mashatile tabled the provincial medium-term budget policy statement to the Gauteng legislature on Tuesday.
No image available
/ 18 November 2005
South African food group Astral Foods on Friday reported a 48% increase in diluted headline earnings per share to 893 cents for the year ended September 30, from 605 cents a year earlier. Headline earnings per share were up 45% to 918 cents from 631 cents previously.
No image available
/ 17 November 2005
South African convenience food company Famous Brands has concluded a transaction with listed King Consolidated Holdings to acquire its complement of 38 Bimbo’s franchise agreements linked specifically to Engen Petroleum Company forecourt sites. The intention is to convert these sites to Steers restaurants.
No image available
/ 16 November 2005
South African industrial brands group Barloworld on Wednesday reported a 5% increase in headline earnings per share to 893,6 cents for the year ended September 30, from 853,2 cents a year ago. On a fully diluted basis, headline earnings per share were 873,6 cents from 833 cents previously.
No image available
/ 28 October 2005
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%.