The JSE Securities Exchange (JSE) was up almost 1% at midday on Tuesday, boosted by a strong close on Wall Street overnight and a slightly weaker rand. However, gold counters were under pressure from the weaker bullion price. By noon, the all-share index was up 0,95% and the all-share industrial index added 0,72%.
After starting slightly firmer, the JSE Securities Exchange (JSE) turned around during the course of Tuesday’s morning session as the main indicators pointed to a lower opening on Wall Street later. However, there were pockets of strength on the JSE, notably in banking stocks and telecoms stocks, a trader said.
After starting firmer on Monday, the JSE Securities Exchange (JSE) turned around during the course of the morning session and was in negative territory at midday. The gold-mining index, which was down 2,8%, was the main culprit. An equities trader said the strong rand was weighing on dual-listed stocks.
The JSE Securities Exchange (JSE) was off its best levels at midday on Wednesday, although the overall market remained in the black despite the firm rand. Traders said that better metals prices were lending some support, as were the firmer global markets overnight. At noon, the all-share index had added 0,12%.
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/ 16 February 2005
The JSE Securities Exchange (JSE) remained in the black at midday on Wednesday, led by resources — particularly BHP Billiton — and banking and financial counters.
The firmness came despite the strong rand, which moved below the R6 per dollar level overnight. By noon, the all-share index was up 0,49%,
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/ 8 February 2005
After a flat start, the JSE Securities Exchange (JSE) was firmer at midday on Tuesday as the weaker currency gave dual-listed stocks a boost. By noon, the all-share index was up 0,43% and the all-share industrial index was up 0,52%. Resources added 0,50% and the platinum-mining index collected 1,99%.
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/ 18 November 2004
Global brewing giant SABMiller posted a strong performance across the group in the six months ended September 30, growing market share in each of its business segments. And CE Graham Mackay believes the group’s businesses are benefiting from strengthening market positions and improving mix.
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/ 17 November 2004
South African global brands management group Barloworld had an excellent year to the end of September, and CEO Tony Phillips is equally upbeat about future prospects. "We are well on track to achieve our medium-term goal of doubling the value of the company in the four years to September 2006," Phillips said on Wednesday.
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/ 12 November 2004
After setting fresh highs on Friday morning, the JSE Securities Exchange (JSE) has pulled back, with some profit-taking emerging amid a slightly firmer rand. The JSE started on a slightly stronger note, with most of the major indices posting small gains at the opening.
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/ 11 November 2004
After Wednesday’s pullback from record highs, the JSE Securities Exchange (JSE) remained strong at midday on Thursday, led by gains for the gold-mining sector and resources. There were also good gains for industrials. On Wednesday, the all-share and industrial indices reached record highs.