Tiisetso Motsoeneng
Tiisetso Motsoeneng works from Johannesburg. Deputy Editor: Business Day in Johannesburg, home to Africa’s deepest capital market. Tiisetso Motsoeneng has over 285 followers on Twitter.
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/ 15 June 2007

JSE firm on world markets, eyes US data

The JSE remained firm at noon on Friday on the back of strong overseas markets but further gains were restricted ahead of United States inflation data due later in the day. At 12.09pm, the all-share index was up 0,34%. Resources gained 0,78%, the platinum-mining index was up 0,56% but the gold-mining index gave up 0,16%.

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/ 14 June 2007

JSE follows world markets higher

The JSE retained its strong tone at midday on Thursday buoyed by higher overseas markets, with fixed line telephone operator Telkom gaining on vague talk that it might sell Vodacom. At noon the all-share index was up 0,89%. Resources gained 0,77%, the platinum mining index picked up 1,53% but the gold mining index fell 0,55%.

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/ 13 June 2007

JSE softer after Wall Street drop

The JSE retained its softer tone at midday on Wednesday after an overnight drop in Wall Street, while lower commodity prices added to selling pressures. At 12.03pm, the all share index was down 0,40%. Resources lost 0,14%, while the gold and platinum mining indices fell 0,45% and 1,44% respectively.

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/ 13 June 2007

Drought leaves Lesotho facing food crisis

A fifth of Lesotho’s total population, or 400 000 people, will face food shortages this year after the country’s cereal harvest was ravaged by the worst drought in 30 years, a fresh report has shown. The report showed that the crisis could be experienced as early as in the third quarter of this year, when about 140 000 people will need food assistance.

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/ 12 June 2007

JSE flat in dull session

The JSE was little changed at midday on Tuesday in the absence of fresh corporate news and amid worries about global inflation. At 12:05pm, the all-share index was off 0,05%. Resources gained 0,19%, the gold mining index added 0,05% but the platinum index lost 0,97%.

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/ 8 June 2007

JSE broadly lower, led by gold miners

The JSE remained broadly lower at noon on Friday led down by gold miners after a slide in the bullion price, while an overnight slump in United States markets continued to weigh on the local bourse. At 12.01pm, the all-share index was down 2,35%. Resources fell 2,24%, the gold- and platinum-mining indices gave up 3,59% and 3,03% respectively.

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/ 7 June 2007

JSE slightly higher ahead of rates decision

The JSE was marginally higher at noon on Thursday in a muted session ahead of the interest-rates verdict later in the day. At 12pm, the all-share index was up 0,29%. Resources gained 0,45%, the gold- and platinum-mining indices added 0,20% and 0,72% respectively. Industrials improved 0,20%, financials were up 0,11% and banks firmed 0,26%.

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/ 5 June 2007

JSE firm but rates jitters emerge

The JSE was firmer at midday on Tuesday, boosted by a turnaround in Asian stocks, but overall trading volumes were low ahead of the decision on interest rates later this week. At 12pm, the all-share index was up 0,57%. Resources added 0,91%, the platinum-mining index firmed 0,91%, but the gold-mining index shed 0,16%.