Futures-related buying propelled the JSE Securities Exchange South Africa (JSE) into the black on Thursday morning, with the market showing gains across the board in noon trade. Volumes were extremely light, with less than half a billion rands’ worth of shares changing hands.
No image available
/ 30 September 2003
The South African rand was hovering around the R7 per dollar level in noon trade on Tuesday, after trading as low as R6,9875 earlier in the morning. Better-than-expected producer inflation data released on Tuesday morning failed to weaken the local unit and currency traders saw it firming further.
No image available
/ 30 September 2003
The JSE Securities Exchange South Africa (JSE) was haemorrhaging in noon trade on Tuesday, when heavyweight dual-listed and resources stocks were bludgeoned by a stronger rand. While decliners outnumbered advancers on the all-share index by about three to two, they dominated on the Top 40 index by more than six to one.
No image available
/ 26 September 2003
Weaker gold stocks continued to weigh on the JSE Securities Exchange South Africa in late-morning trade on Friday, countering the positive affect of a softer rand on the broader market. Volumes were very light, with just more than R500-million-worth of shares changing hands.
No image available
/ 25 September 2003
Surging gold and platinum stocks helped the JSE Securities Exchange South Africa (JSE) overcome early weaknesses on Thursday, with the all-share index inching into the black just before noon. Overall, the market was very mixed, with the number of decliners and advancers on the all-share index almost equal.
No image available
/ 23 September 2003
The JSE Securities Exchange South Africa (JSE) was a sea of red in noon trade on Tuesday on the back of a stronger rand and weaker world markets. Shares at the top end of the market, as expected, were hardest hit and only eight shares on the Top 40 index were in the black.
No image available
/ 23 September 2003
Dollar-selling kept the South African rand firm against major currencies in late morning trade on Tuesday after the local unit shrugged off in-line-with-expectations consumer inflation data released on Tuesday morning. The rand could test the long-term best levels of about R7,05 seen in late April.
No image available
/ 22 September 2003
Weaker world markets and a stronger rand sent the JSE Securities Exchange South Africa (JSE) south on Monday, with gold stocks providing the sole bright spot on the back of a stronger bullion price. With the Heritage Day holiday on Wednesday and no incentive to draw buyers into the market, volumes were fairly light.
No image available
/ 18 September 2003
The JSE Securities Exchange South Africa was flat in dull noon trade on Thursday as players took to the sidelines ahead of the September futures closeout, which starts at 2pm. Gold and platinum stocks provided a bright spot on the
bourse on the back of higher precious metals prices.
No image available
/ 17 September 2003
An early rally on the JSE Securities Exchange South Africa petered out on Wednesday morning, with the all-share index drifting into the red by noon. Dealers said that caution ahead of Thursday’s futures closeout was also keeping buyers out of the market.
No image available
/ 12 September 2003
The JSE Securities Exchange South Africa (JSE) was drifting in the red just before noon on Friday in a dull, featureless market. Strong performances by some of the dual-listed stocks offshore and foreign interest in gold stocks pared the
bourse’s losses.
No image available
/ 11 September 2003
The JSE Securities Exchange South Africa was flat in noon trade on Thursday after a choppy morning during which the rand dictated the bourse’s direction. Volumes were solid, with more than R1,25-billion worth of shares changing hands by noon.
No image available
/ 10 September 2003
Resources were leading the JSE Securities Exchange (JSE) into the red in noon trade on Wednesday after Dresdner KW downgraded the mining sector to "underweight" from "neutral". However, weakness on the local bourse was widespread as players took profits on the back of softer world markets.
Heavyweight resources stocks Anglo American and BHP Billiton were propping up the JSE Securities Exchange South Africa in thin noon trade on Friday. Overall, the market’s performance was stodgy, with decliners outnumbering advancers on the Top 40 index by two to one.
The JSE Securities Exchange South Africa (JSE) was drifting in the red at midday on Thursday as a strong rand took its toll on a market from which buyers were absent.
The JSE Securities Exchange South Africa was flat in noon trade on Wednesday, with no fresh news to draw buyers into the market. Gold was the only sector to really shine on a lacklustre bourse.
The South African rand was steady against major currencies in late morning trade on Wednesday in a quiet market. Currency traders said that the rand had largely ignored the morning’s producer price index data.
The JSE Securities Exchange South Africa was weaker at midday on Monday, taking its cue from world markets. Volumes were extremely light due to the bank holiday in the United Kingdom and dealers said that lack of liquidity was also playing a role in any moves.
The JSE Securities Exchange South Africa presented a mixed bag in noon trade on Friday, although the market’s main focus was on the slightly weaker rand.
The JSE Securities Exchange South Africa was a whisker away from turning positive for the year just after noon on Thursday, with a weaker rand and stronger European markets lifting heavyweights at the top end of the market.
A weaker rand and a sterling performance by gold stocks lifted the JSE Securities Exchange South Africa (JSE) into positive territory on Wednesday. Gains were seen across the board, with advancers outnumbering decliners on the all-share index by more than three to one in late morning trade.
The JSE Securities Exchange South Africa was in positive territory in noon trade on Tuesday after riding on the coattails of stronger world markets. Gold stocks declined, however, on the back of a lower bullion price.
The JSE Securities Exchange South Africa was in positive territory in noon trade on Friday, helped by a slightly weaker rand, a strong close on the Dow overnight and
positive United States futures. However, volumes were thin — just under half a
billion rand worth of shares had changed hands.
Gold stocks glistered on the JSE Securities Exchange South Africa just before noon on Thursday, leading the upside of the overall index. Heavyweights Anglo American and BHP Billiton led the downside, after being dragged into the red by profit-taking and a stronger rand.
Gold shares were propping up the JSE Securities Exchange South Africa at noon on Monday as they continued to show strength on the back of a higher bullion price and a sterling performance by their ADRs in New York on Friday.
A stronger rand and weaker world markets pulled the rug up from under heavyweight dual-listed and resources stocks on the JSE Securities Exchange South Africa (JSE) on Wednesday, leaving the overall index almost 1% lower just after midday.
After an early spurt on the back of a weaker rand, the JSE Securities Exchange South Africa ran out of steam on Wednesday, with the all share index only marginally higher in noon trade.
The JSE Securities Exchange South Africa crawled into positive territory at the opening on Friday, aided by a weaker currency which lifted heavyweight rand hedge
stocks.
The JSE Securities Exchange South Africa opened weaker on Thursday as a slightly stronger currency compared to recent days took its toll on heavyweight rand hedge stocks. A softer close on the Dow overnight also had a negative effect.
After two strong days, the JSE Securities Exchange South Africa (JSE) came under pressure in early trade on Friday on the back of a slightly stronger rand and weaker
world markets.
The South African rand was softer against major currencies in late morning trade on Thursday after a move sparked by offshore demand for dollars. However, exporter sales were seen at the weaker levels and currency traders expected a range bound day from the local unit.
After its brief correction on Monday afternoon, the South African rand resumed its trend firmer on Tuesday morning helped by exporter dollar sales. A firmer euro overnight also helped the rand, currency traders said.