No image available
/ 10 January 2008
The JSE was under pressure by midday on Thursday as investors were uncertain about the outcome for European markets ahead of the European Central Bank and Bank of England interest-rate decisions later in the day. By noon, the broader all-share index had pulled back 0,49%. The gold-mining index gave up 1,12%, while resources were a slight 0,01% in the red.
The JSE was firmer by midday on Tuesday as a weaker United States dollar helped precious metals boost mining stocks on the bourse. By noon, the broader all-share index was 0,57% better, led by a 1,74% climb in the gold-mining index. The platinum-mining index gained 1,4% and resources added 1,17%.
An indication from positive United States futures that a battered Wall Street could open firmer on Monday, led to a slight recovery on the JSE by noon. The JSE was down over 1,5% in the morning session on concerns that the US market could go into a recession after job numbers came out worse than expected on Friday.
No image available
/ 28 December 2007
The JSE had recovered some of its earlier losses by midday on Friday, but was still over half a percent in the red. It had been down as much as 0,93% for the day. By noon on the JSE, the all-share index was 0,55% lower. The gold- and platinum-mining indices pulled back 2,42% and 1,17% respectively, while resources lost 0,46%.
No image available
/ 24 December 2007
The gold mining index added some cheer to the JSE ahead of Christmas celebrations, helping the bourse to close 0,59% firmer on Monday. The JSE closed at midday ahead of the two-day Christmas holiday and will reopen on Thursday. The gold mining index ended 2,95% higher, while resources added 0,81% and the platinum mining index recovered 0,62%.
No image available
/ 21 December 2007
The JSE extended its gains by midday on Friday as firmer world markets continued to direct it higher. By 12.02pm, the JSE’s all-share index had collected 1,95%, led by a 2,95% advance in the platinum mining index. Resources added 2,73% and the gold mining index rose 1,83%.
No image available
/ 14 December 2007
A weaker bank sector forced a positive JSE to pull back into the red by midday on Friday, leaving the all-share index 0,14% lower at noon. The JSE’s bank index was down 1,38% at midday as local and international traders questioned whether the move by the central banks to inject liquidity into financial markets was enough to settle global credit concerns.
No image available
/ 13 December 2007
The JSE continued to linger in the red at midday on Thursday, burdened by the sell-off on global markets. By noon, the JSE all-share index had lost 1,43% to 29 872,5 points. The platinum and gold mining indices retreated 2,52% and 1,03% respectively, while resources gave up 1,9%.
No image available
/ 12 December 2007
The JSE remained in the red at midday on Wednesday, but was off its earlier lows as it recouped some of its sharp losses in the morning session. By noon, the JSE all-share index had lost 0,78%. The gold- and platinum-mining indices fell 2,22% and 1,8% respectively, while resources gave up 1,33%. Banks dipped 1,03%, while financials were off 0,58% and industrials shed 0,18%.
No image available
/ 11 December 2007
The JSE pulled back from earlier gains by midday on Tuesday, as heavyweights Anglo American and BHP Billiton started to weaken. By noon, the JSE all-share index was only 0,15% in the black, after being up over 0,7% earlier in the session. The gold mining index rallied 3,42%, while the platinum mining index inched up 0,04%, but resources lost 0,17%.