Alison Maltz

The JSE Securities Exchange South Africa (JSE) was firmer in noon trade on Friday, helped by strong performances by heavyweight dual-listed stocks offshore and general positive sentiment. However, volumes were very light — just more than R600-million-worth of shares had changed hands.

The JSE Securities Exchange South Africa (JSE) was slightly stronger in noon trade on Wednesday, with heavyweight resources stocks benefiting from higher precious metals prices. However, volumes were fairly light and the market lacked overall direction, dealers said.

The JSE Securities Exchange South Africa (JSE) was drifting in the red in noon trade on Tuesday, in line with weaker world markets. Dealers said the local bourse seemed to be biding its time ahead of the release of consumer inflation data on Wednesday and an announcement on interest rates the following day.

The JSE Securities Exchange South Africa (JSE) was flat in noon trade on Friday, with anomalous strength in heavyweights Anglo American and BHP Billiton propping up the market on which dual-listed and resources stocks were for the most part dragged down by a firmer rand.

The JSE Securities Exchange South Africa (JSE) was marginally positive in noon trade on Thursday, with a higher gold price and stronger world markets offsetting the negative effect of a stronger rand. The rand was quoted at R6,72 per dollar from R6,89 when the JSE closed on Wednesday.

The JSE Securities Exchange South Africa (JSE) was weaker in noon trade on Wednesday on the back of basket-selling by futures players. Weakness in resources stocks offshore overnight and continued strength in the rand added to the negative picture.

The JSE Securities Exchange South Africa (JSE) was under pressure in noon trade on Thursday, with the stronger rand weighing on heavyweight dual-listed and resources stocks. The decline extended the bourse’s losing streak into its eighth day. At midday the rand was trading at R6,86 per dollar.

The JSE Securities Exchange South Africa (JSE) was flat in noon trade on Friday after a volatile morning during which the rand determined the JSE’s overall direction. While a look at most sectors of the market revealed a pretty mixed bag, platinum stocks were under pressure on the back of a lower platinum price.

The JSE Securities Exchange South Africa (JSE) was marginally weaker in noon trade on Thursday after a roller-coaster morning on which the bourse took its cue primarily from a volatile rand. Weaker world markets were also weighing, dealers said. The rand was quoted at R6,96 to the dollar after earlier going as weak as R7,07.

The JSE Securities Exchange South Africa (JSE) was a mixed bag just before midday on Monday, in trade that was fairly quiet ahead of key economic data releases due out later in the week. While gold stocks dragged on the downside, a weaker rand saw heavyweight dual- listed stocks keep the bourse in the black overall.

The JSE Securities Exchange South Africa (JSE) was weaker in noon trade on Wednesday, with a robust rand taking its toll on heavyweight dual-listed and resources stocks. A weaker Dow overnight added to the negative sentiment and decliners outnumbered advancers on the all-share index by amount two to one.

The JSE Securities Exchange South Africa (JSE) was flat at midday on Monday in a market that lacked major drivers. Dealers said that trade was quiet and with United States markets closed for Martin Luther King Day, there was a general lack of incentive to do anything.

The JSE Securities Exchange South Africa was up in noon trade on Wednesday after opening an hour and 45 minutes late due to a technical problem. The rand weakened sharply in this time, which boosted the local bourse. The rand was trading at R7,13 per dollar from R6,90 when the JSE closed on Tuesday.

The South African rand broke above the R7 per dollar level just before 2pm on Tuesday as geopolitical concerns continued to dampen sentiment towards the local unit. While market analysts said it was too soon to call an end to the rand’s firming trend, the local unit could be in for further weakness in coming days.

The JSE Securities Exchange South Africa (JSE) was flat in noon trade on Friday after a volatile morning on which the bourse lacked major drivers. Dealers said most of the morning’s moves had been stock specific, with no clear trends. At midday, the all-share index was up a marginal 0,07%.

South African stocks delivered mixed performances on Wednesday morning, leaving the JSE Securities Exchange South Africa (JSE) level overall. Gold stocks were a feature on the downside, but a weaker rand pared losses. The rand was quoted at R6,54 per dollar from R6,48 when the JSE closed on Tuesday.

Sizzling precious metals prices helped gold and platinum stocks bound ahead on Tuesday, helping the JSE Securities Exchange South Africa (JSE) recover from a soft start to trade in the black by noon. The rand also came off the morning’s best levels to help the local bourse.

The South African rand was steady against major currencies in early trade on Tuesday after rallying over 20 cents against the dollar on Monday when the market was caught long dollars. Currency traders expect the rand to stabilise somewhat on Tuesday, but add that the rand’s firming trend remained intact.

The JSE Securities Exchange South Africa headed south at the start on Monday, with a stronger rand taking its toll on heavyweight dual-listed and resources stocks. With many players still on holiday, volumes remained light.

The JSE Securities Exchange South Africa ended a seven-day winning streak on Wednesday, closing marginally weaker after an abridged Christmas Eve trading day. With a large number of players away, volumes were exceptionally light. When the bourse closed at noon, the all-share index was a marginal 0,13% in the red.