The JSE Securities Exchange South Africa was flat in noon trade on Wednesday, having surrendered early gains due to profit taking and weakness in European markets. Volumes were good, despite a lack of fresh news to draw players into the market.
No image available
/ 28 September 2004
The JSE Securities Exchange South Africa was racing ahead in noon trade on Tuesday, fuelled by rampant resources stocks. The rest of the market was flat. By 12h00, the all share index was up 1,07%. Resources soared 2,7%, with the gold and platinum mining indices picking up 0,49% and 0,22% respectively.
No image available
/ 27 September 2004
The JSE Securities Exchange South Africa was weaker at midday on Monday on the back of weaker world markets and a stronger rand. Banking group Absa continued to dominate trade after Thursday’s news that the United Kingdom-based Barclays was in talks to acquire a majority stake in it.
No image available
/ 22 September 2004
The JSE Securities Exchange South Africa was in positive territory in noon trade on Wednesday, helped by a weakening in the rand. By 12h14, the all share and all share industrial indices were up 0,57% and 0,66% respectively. The resources and gold mining indices both rose 0,83% and the platinum mining index jumped 1,58%.
No image available
/ 21 September 2004
The JSE Securities Exchange (JSE) was in positive territory in noon trade on Tuesday, buoyed by demand for gold and banking stocks. The bourse had come off its highs, however, on the back of a strengthening rand. By 12.22pm, the all-share index added 0,24%. Industrials strengthened 0,63%.
No image available
/ 20 September 2004
The JSE Securities Exchange (JSE) was drifting in the red at midday on Monday on the back of profit-taking after its strong rally last week and softer European markets. Dealers said that there was also a general lack of interest in the market, which had no fresh news to drive it.
No image available
/ 17 September 2004
The JSE Securities Exchange (JSE) was in positive territory in noon trade on Friday, fuelled by strength in world markets and a light weakening in the rand. However, dealers said that the market could turn negative later in the day on profit taking following Thursday’s futures closeout.
No image available
/ 14 September 2004
The JSE Securities Exchange (JSE) was weaker, but off its worst levels, in noon trade on Tuesday, having been driven primarily by the rand. At noon, the all-share and all-share industrial indices were 0,37% and 0,26% weaker respectively. Financials fell 0,25% and the banks index was 0,21% in the red.
No image available
/ 9 September 2004
The JSE Securities Exchange South Africa was in positive territory in noon trade on Thursday, bucking the weaker trend on world markets. Dealers said that banking and gold stocks were driving the bourse higher. At 11h53, the all share index was up 0,24%. The financial and banks indices were 0,73% and 1,28% firmer respectively. The gold mining index gained 0,64%
No image available
/ 8 September 2004
The JSE Securities Exchange (JSE) was in positive territory in noon trade on Wednesday, with a weaker rand fuelling a rally in heavyweight resources stocks. However, volumes were light as the market adopted a cautious approach ahead of key testimony by United States Federal Reserve chairperson Alan Greenspan later in the day.
No image available
/ 7 September 2004
The JSE Securities Exchange (JSE) was in the red just before noon on Tuesday, having been knocked down by heavyweight resources and banking counters. Petrochemicals group Sasol, which was hit by the double whammy of disappointing results and a strike at its coal operations, was the most active stock.
No image available
/ 6 September 2004
The JSE Securities Exchange (JSE) was in positive territory at midday on Monday, lifted by heavyweight dual-listed stocks. The market was otherwise quiet, as could be expected considering the Labour Day holiday in the United States. At noon, the all-share and all-share industrial indices were 0,56% and 0,54% stronger respectively.
No image available
/ 3 September 2004
Telecommunications group Telkom dominated activity on the JSE Securities Exchange (JSE) on Friday, which was otherwise quiet as players awaited the release of United States non-farm payrolls data. While Telkom shares were down sharply, the rest of the market was firmer, helped by strength in US markets overnight and a slightly softer rand.
No image available
/ 1 September 2004
After a volatile start, the JSE Securities Exchange (JSE) settled in positive territory by noon on Wednesday, buoyed by strength on European markets. Retailers and banks were features on the upside, with many hitting new highs. By 11.59am, the all-share index was up 0,37%. Industrials and financials firmed 0,53% and 0,58% respectively.
The JSE Securities Exchange (JSE) was in consolidation mode in noon trade on Wednesday, with the profit taking in resources that began on Tuesday continuing. The rest of the market was fairly mixed. By 12.05pm, the all-share index was 0,49% softer. Resources retreated 1,18% and the gold-mining index lost 1,05%.
The JSE Securities Exchange (JSE) was drifting in the red in noon trade on Tuesday as players paused for breath after the bourse’s strong rally on Monday. A slight recovery in the rand and a lower gold price added to the negative picture. The rand traded at a worst level of R6,7350 against the dollar earlier in the session.
The JSE Securities Exchange (JSE) was roaring ahead at midday on Monday, fuelled by a weaker rand and — to a lesser extent — a relatively high gold price. This saw the all-share index top the 11 000 mark for the first time since April 13 and at its best level since March 5.
The South African rand was slightly stronger against major currencies in early trade on Monday, continuing a move that began on Friday afternoon when the local unit failed to sustain a move weaker that started on the back of poor preliminary current account figures.
The JSE Securities Exchange (JSE) was flat just before noon on Friday after a lacklustre day on which the bourse looked to the rand for direction. Volumes were fairly thin as players paused for breath after the market’s strong run on Thursday, which saw it surge 1,81%.
The JSE Securities Exchange (JSE) was powering ahead in noon trade on Thursday, fuelled by expectations of renewed rand weakness and a higher gold price. Strength was seen across the board, with advancers outnumbering decliners on the all-share index by almost three to one. Only two shares on the Top 40 index failed to post gains.
After opening lower on the back of a stronger rand, the JSE Securities Exchange (JSE) was off its worst levels in noon trade on Wednesday due to an easing in the currency. Volumes were reasonable, with more than R1-billion-worth of shares changing hands in morning trade.
The JSE Securities Exchange (JSE), which opened weaker on profit taking, extended its losses on Tuesday morning when the rand firmed against major currencies. Trade was brisk, with almost R1,5-billion-worth of shares changing hands by noon. By 12.10pm, the all-share index was down 0,61%.
The JSE Securities Exchange (JSE) was in positive territory just before midday on Monday, thanks to strong performances by heavyweight resources stocks. However, the gains came on low volumes with just more than R700-million-worth of shares changing hands.
The JSE Securities Exchange (JSE) remained in the black, but was off the boil, in noon trade on Friday on the back of a modest recovery in the rand. However, demand was still being seen for resources stocks, which benefit most from a softer currency. By 11.52am, the all-share index was up 0,32%.
After getting off to a good start on the back of a softer rand and stronger United States markets overnight, the JSE Securities Exchange (JSE) was off the boil in noon trade on Wednesday due to weaker European markets and US futures and the currency recovering from its worst levels seen earlier in the morning.
After opening deep in the red on the back of a stronger rand, the JSE Securities Exchange (JSE) was well off its worst level in noon trade on Tuesday, after importer demand for dollars saw the currency lose ground. Volumes were reasonable, with just under R1-billion-worth of shares changing hands in morning trade.
The JSE Securities Exchange (JSE) was roaring ahead in noon trade on Tuesday, with a softer rand sparking demand for heavyweight resources stocks. Positive sentiment spilled to the rest of the market and advancers outnumbered decliners on the all-share index by about three to two and on the Top 40 index by about three to one.
The JSE Securities Exchange (JSE) was in negative territory just before midday on Monday, with a firming in the rand sparking profit taking after the bourse’s strong run last week. Weakness in world markets on concerns about possible terrorist attacks on United States financial institutions, as well as a higher oil price, further dampened sentiment.
Gold stocks were a feature on the JSE Securities Exchange (JSE) in noon trade on Thursday, which was in the black due to demand for gold and other resources stocks. A weakening in the rand also added to the positive picture. By noon, the all-share index was up 0,37%. Resources climbed 0,83% and the gold mining index surged 3,13%.
The JSE Securities Exchange (JSE) was ensconced in positive territory in noon trade on Wednesday, helped by continued weakness in the rand and firmer world markets. Better-than-expected consumer inflation numbers released just after noon further lifted the JSE’s spirits.
The JSE Securities Exchange South Africa forged ahead in early trade on Wednesday, following Wall Street’s strong performance overnight and a stronger opening on European markets. Continued weakness in the rand added to the positive picture.
South Africa is enjoying a high-growth and low-inflation economic environment last seen in the 1960s, but this is not reflected in investors’ portfolios, Alwyn van der Merwe, senior portfolio manager at Old Mutual Asset Managers, said on Tuesday at a media briefing in Johannesburg.