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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/ 4 June 2007

JSE a tad weaker, but miners advance

The JSE was a touch weaker at noon on Monday on jitters ahead of the interest rates decision later this week, but miners gained on the back of a weaker rand and higher commodity prices. At noon the all-share index was off 0,09%. Resources added 0,19%, the gold and platinum mining indices gained 0,76% and 0,23% respectively.

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/ 1 June 2007

JSE higher on miners, eyes US data

The JSE was higher at noon on Friday as miners gained on the back of higher commodity prices, but overall trading was cautious ahead of United States economic data this afternoon, dealers said. At 12pm, the all-share index was up 0,61%. Resources gained 0,38%, the gold- and platinum-mining indices picked up 1,75% and 1,71% respectively.

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/ 31 May 2007

JSE higher on resources; banks down

The JSE was higher at noon on Thursday, boosted by heavyweight miners which were buoyed by better metals prices, but banks came under a bit of selling pressure due to inflation worries. At noon, the all-share index was up 0,94%. Resources added 1,54%, the platinum mining index gained 1,03%, but the gold mining index fell 0,14%.

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/ 25 May 2007

JSE lower on resources, world markets

The JSE was lower at midday on Friday weighed down by miners on easing base-metal prices and weaker overseas markets. At 12.02pm, the all-share index was off 1,28%. Resources lost 1,47% and the gold- and platinum-mining indices fell 1,71% and 1,95% respectively. Industrials weakened 1,09%, banks gave up 1,46% and financials eased 1,26%.

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/ 22 May 2007

JSE flat in noon trade

The JSE was flat at noon on Tuesday, recouping losses suffered earlier on profit-taking as gold miners provided support after a spike in the gold price. But synfuels producer Sasol tumbled after saying its joint venture Oryx GTL plant in Qatar was operating at lower-than-planned levels due to start-up challenges.

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/ 21 May 2007

TV exposé hits JD Group shares

Furniture retailer JD Group tumbled nearly 5% on Monday after an investigative TV programme highlighted credit practices at the company’s stores such as Russells on Sunday. At 1.46pm, JD Group’s shares were down 4,43%, or R3,90, to R84,10, while the JSE’s home-improvement index was up 0,23% on the day.