Alison Maltz

The JSE was steaming ahead in noon trade on Tuesday, powered primarily by a softer rand. Dealers were unable to explain some of the strength, however, and postulated that there could be a buying programme going through the market. By 12.08pm, the all-share and all-share industrial indices added 0,57% and 0,52% respectively.

Swimming against the current of weaker world markets, the JSE managed a modest advance on Monday morning buoyed by a higher gold price and softer rand. However, activity was a trickle rather than a torrent with value traded failing to pass the one billion rand mark.

The JSE was a touch on the stodgy side in noon trade on Thursday, with the main dampener being a stronger rand. The JSE’s losses came despite firmer global markets and disappointing results from Gold Fields acting in concert with the currency to prevent gold shares from benefiting from a higher bullion price.

The JSE was steaming ahead in noon trade on Wednesday, propelled by firmer world markets and relatively high commodity prices. The bourse hit another record high — its seventh in the last ten trading days. At 12.20pm, the all-share index was up 0,29% at 23 600,8 having touched a best-ever level of 23 648,4.

The JSE recorded another record high on Tuesday, boosted by a weaker rand and firmer world markets overnight. However lower commodity prices and a soft production report from BHP Billiton pared the JSE’s gains. By 12.06pm, the all-share index was up 0,22% at 23 521,99 after touching a high of 23 538,17.

The JSE was treading water just after midday on Monday in extremely quiet, lacklustre trade. While a weaker currency knocked banks, it failed to significantly boost rand hedges. At 12.02pm, the all-share index was off a neither-here-nor-there 0,02%, while the all-share industrial index dipped 0,06%. Financials had fallen 0,35% and the banks index had dropped 1,52%.

The JSE continued its romp into record territory on Friday, buoyed by higher commodity prices. Firmer world markets gave the bourse a positive underpin. By 11.58am, the all share index added 0,92%, Resources rallied 1,36%, with the gold and platinum mining indices jumping 1,67% and 1,95% respectively.

The JSE broke through the 23 000 level for the first time on Monday morning, propelled by firmer world markets and higher commodity prices. The overriding positive sentiment saw the bourse posting gains across the board. By 11.50am, the all-share index was up 0,73% at 23 006,57, having touched a highest-ever 23 015,93.

The JSE was in positive territory in noon trade on Wednesday, supported by positive world markets and higher commodity prices. Profit-taking, which was encouraged by a firmer rand, ensured that the bourse was off its highs, however. By 12.11pm, the all-share index added 0,81%. Industrials climbed 0,48%, while the financial and banks indices firmed 0,23% and 0,69% respectively.

The JSE was flat at midday on Tuesday, with weakness in resources heavyweights Anglo American and BHP Billiton offsetting gains across other sectors. This followed losses sustained by Anglo and Billiton in London on Monday when the JSE was closed for a public holiday. South Africa celebrated Heritage Day on Sunday, and Monday was declared a public holiday.

The JSE was firmer in noon trade on Friday, boosted by a sharply weaker rand and higher commodity prices. The gains came despite widespread weakness on world markets. By 12.03pm, the all-share index added 1,04%. Industrials were flat (-0,03%), financials fell 0,87% and the banks index dropped 3,15%.

The JSE was in positive territory in noon trade on Tuesday, lifted by higher commodity prices. A weaker rand also lent support. By 12.07pm, the all share and all share industrial indices added 0,4% and 0,31% respectively. Resources rose 0,64% and the gold mining index jumped 1,93%, but the platinum mining index surrendered 1,23%.

The JSE was weaker in noon trade on Friday, after lower commodity prices knocked heavyweight resources stocks. Volumes were extremely light, however, ahead of the release of United States consumer price index data. By 12.08pm the all-share index slipped 0,51%. Industrials dipped 0,07%, financials were flat (+0,01%) and the banks index eased 0,2%.

The JSE continued its recovery on Wednesday supported by firmer world markets. But lower commodity prices took a chunk from the JSE’s gains. By 11.52am, the all share and all share industrial indices climbed 0,36% and 0,3% respectively. Financials firmed 1,32% and the banks index was bolstered 1,67%.

The JSE was firmer in noon trade on Tuesday supported by futures-related buying and a recovery in commodity prices. However, world markets failed to impress and dealers warned the local bourse’s recovery could be short-lived. By 12.12am, the all-share index added 1,24%. Industrials and financials firmed 0,72% and 1,44% respectively and the banks index rebounded 2,99%.

The JSE was weaker in noon trade on Friday with retreating commodity prices prompting continued profit-taking on resources stocks. While the bourse opened higher, appearing to find support after Thursday’s 2,2% tumble, its recovery proved short lived.

The JSE was taking a pummelling in noon trade on Thursday following a sell-off in equity markets globally. A sharply weaker rand — which was at its worst levels in almost 11 weeks — helped cushion the blow to an extent. By 12.11pm, the all-share index slipped 1,01%. Resources retreated 1,16%, the gold-mining index tumbled 2,8% and the platinum-mining index lost 0,78%.

The JSE was slightly firmer in noon trade on Wednesday, propped up by very strong gold stocks. However, with precious metals coming off their highs, dealers said that they would not be surprised to see some profit-taking. By 11.57am, the all-share and all-share industrial indices climbed 0,12% and 0,28% respectively.

The JSE was weaker in noon trade on Tuesday having succumbed to profit-taking after reaching a record high in early trade. A higher bullion price allowed gold stocks to buck the trend. By 12.05pm, the all-share index slipped 0,39%. Industrials and financials fell 0,25% and 0,47% respectively and the banks index dipped 0,11%.

The JSE was in positive territory just after midday on Monday, after stronger world markets pushed it to a record high in late morning trade. The Labour Day holiday in the United States made for light volumes. By 12.19pm, the all-share index was up 0,79% at 22 388,28, having traded as high as 22 417,68.

The JSE was firmer in noon trade on Friday, boosted by rand weakness and relatively strong commodities. However, dealers believed the bourse’s strength was overdone and that it was priced for a correction. By 12.06pm, the all-share and all-share industrial indices added 0,86% and 0,71% respectively.

Unable to hold onto its early gains, the JSE was weaker across the board in noon trade on Thursday. The bourse was knocked by the triple whammy of higher-than-expected producer price index (PPI) data, a stronger rand and European markets turning lower.

The JSE was a mixed bag just before noon on Tuesday after an unexciting morning’s trade. A slightly firmer rand put a bit of a dampener on the resources sector, but industrials and financials benefited from positive global markets. By 11.53am, the all-share index eased 0,07%.

The JSE was treading water just before midday on Monday, with the overall index just marginally weaker after a scrappy morning’s trade that lacked any real direction. The bank holiday in the United Kingdom made for extremely light volumes — not even a billion rand worth of shares had changed hands.

The JSE was in positive territory at midday on Monday, boosted by rebounding commodity prices. London-listed Anglo American — the bourse’s heaviest weighted stock — dominated trade on reports of a possible $80-billion bid for the company. By 12.03pm, the all-share index added 1,29%.

The JSE was roaring ahead in noon trade on Thursday after Wednesday’s benign inflation data out of the United States set Wall Street alight. Gains were most pronounced on the Top 40 index on which 90% of shares were stronger. By 11.59am, the all-share and all-share industrial indices added 1,5% and 1,42% respectively.

The JSE was in positive territory just before midday on Monday as the market discounted a positive opening in the United States. London-listed resources group Anglo American led the way, despite higher commodity prices. By 11.55am, the all-share and all-share industrial indices added 0,8% and 0,91% respectively.

The JSE was weaker across the board in noon trade on Thursday, knocked by negative world markets and a stronger rand. There was an element of catch-up following the Women’s Day holiday on Wednesday and this exacerbated the bourse’s losses. By 12.01pm, the all-share and all-share industrial indices shed 1,49% and 1,07% respectively.

The JSE was firmer in noon trade on Tuesday, buoyed by positive world markets. There was very little fresh news to give the bourse direction and all eyes were on the Federal Open Market Committee announcement on United States interest rates due at 8.15pm.

The JSE was ensconced in positive territory in noon trade on Friday, with resources giant Anglo American — the bourse’s heaviest-weighted stock — roaring to a record high after the company reported record results. Relief that Thursday’s rate hike was in line with expectations and firmer global markets helped the bourse overall.

The JSE surrendered early gains to head south on Thursday as players adopted a cautious stance ahead of the Monetary Policy Committee’s (MPC) announcement on interest rates due just after 3pm. Weakness on offshore markets and a lower gold price added to the negativity.

Although still in positive territory, the JSE was well off its highs in noon trade on Wednesday as the chill wind of Thursday’s expected rate hike swept through the market. Gold stocks continued to shine, however, as the metal reached the $650 level for the first time in over two weeks.