Alison Maltz

After opening in the black, the JSE surrendered its gains on Friday morning, extending its losing streak into a third day. The bourse’s weakness was in line with the global trend. By 12.05pm, the all-share and all-share industrial indices shed 0,85% and 1,08% respectively.

The JSE was in negative territory just before noon on Thursday, having followed world markets weaker. Gold shares were the sole bright spot buoyed by a higher bullion price. By 11.56am, the all share index dropped 1,9%. Industrials slid 1,71%,
financials fell 1,29% and the banks index weakened 1,66%.

The JSE was weaker just before midday on Monday, having been knocked by basket-selling by futures players. Gold stocks, which were further hit by a lower gold price and poor performance by their ADRs in New York on Friday, were down sharply. By 11.56am, the all-share index shed 0,84%.

The JSE reached yet another record high on Friday, peeping above the 16 800 level for the first time. Strength in heavyweight dual-listed stocks offshore and a higher gold price contributed to the JSE’s strength. The rand was bid at 6,35 per dollar from 6,38 when the JSE closed on Thursday, while gold was quoted at $473,55 a troy ounce from $471,85/oz at the JSE’s last close.

The JSE was in positive territory in noon trade on Thursday with higher precious metals prices boosting gold and platinum stocks. The bourse was nevertheless off its record high of 16 770,561 reached in early trade. By 12.06pm, the all share index was up 0,22% at 16 674,7.

The JSE was firmer in noon trade on Wednesday, having touched a record high in early trade when the rand was weaker. Due to anticipation ahead of consumer inflation data — which was released at 11.30am — and lack of news to drive the market, it was a quiet morning’s trade, dealers said.

The JSE was in the red in noon trade on Thursday knocked by Wednesday’s weakness on United States markets. Resources — particularly gold — shares were stronger, however, due to higher commodity prices. By 11.58am, the all-share index slipped 0,3%. Industrials and financials fell 0,87% and 1,05%, however, and the banks index lost 1,41%.

The JSE continued to forge to record highs on Monday, with a weaker rand and surging gold price boosting heavyweight diversified resources and gold counters. The rest of the market lost ground, however. By 12.01pm, the all-share index was up 0,17% at 16 401,08, having reached a record 16 453,74 in opening trade.

The JSE reached another record high on Friday as a surge in bullion to its best levels since June 1998 saw gold stocks soar. By 11.57am, the all share index was up 0,73% at 16 266,84 after earlier touching a record high of 16 272,14. The gold mining index rocketed 6,59%.

The JSE was firmer in noon trade on Wednesday, despite basket selling by futures players and a slightly stronger rand. Heavyweight dual-listed stocks led the market’s upside. By 11.59am, the all share and all share industrial indices added 0,27% and 0,44% respectively. Financials firmed 0,36% and the banks index was 0,79% better.

The JSE was weaker just before midday on Tuesday due to profit-taking following Monday’s rally to a record high. As was the case on Monday, futures activity ahead of Thursday’s close-out dominated trade. By 11.54am, the all-share and all-share industrial indices shed 0,67% and 0,61% respectively.

The JSE burst through the 16 000 level for the first time on Monday morning, driven by stronger world markets and a softer rand. Gains were widespread and, shortly before noon, advancers outnumbered decliners on the all-share index by about two to one.

The JSE was firmer just before noon on Friday as players looked to pick up stock following Thursday’s pullback. The gains came on light volumes, however. By 11.55am, the all-share and all-share industrial indices added 0,52% and 0,54% respectively. Financials climbed 0,38% and the banks index gained 0,56%.

The JSE was weaker just before noon on Thursday as players took profits following the bourse’s rally over the prior two days, which took it to a record high. The weakness was in line with the trend on world markets. By 11.57am, the all share index lost 0,32%. Financials and resources fell 0,52% and 0,55% respectively, while the banks index was 0,5% lower.

The JSE rallied to a record high on Wednesday morning as the aggressive buying that started on Tuesday continued. The strength came against the backdrop of positive global markets. By 11.57am, the all-share index was up 0,48% at 15 921,15 after earlier touching a highest-to-date 15 968,41.

The JSE was firmer at midday on Tuesday, boosted by futures-related buying ahead of the closeout next week. A slightly weaker rand also contributed to the strength, dealers said. By noon, the all share and all share industrial indices added 0,81% and 0,77% respectively.

The JSE was weaker just before midday on Monday, dragged down by a weaker rand and profit-taking following last week’s rally. A number of heavyweight stocks going ex-dividend exacerbated the negativity in a market that was quiet due to the Labour Day holiday in the United States.

The JSE Securities Exchange’s (JSE) equity market had not resumed trade at noon on Friday after trade was halted about half an hour earlier. JSE deputy CEO Nicky Newton-King said trade was suspended after the JSE became aware that many of its members were receiving delayed messages.

The JSE ticked higher in early trade on Friday, again shrugging off a stronger rand. The gains came on light volumes. The JSE said however that a number of the closing index values for Thursday were incorrect. The problem was being addressed.

The JSE was roaring ahead just before noon on Thursday, taking its cue from stronger world markets. Petrochemicals group Sasol led the way as concerns about the affect of Hurricane Katrina continued to affect sentiment. By 11.56am, the all share index added 1,47%. Industrials and financials firmed 1,38% and 1,3% respectively, while the banks index was 1,88% in the black.

The JSE Securities Exchange (JSE) was weaker just before midday on Monday as concerns about the effect of the record high oil price on global growth knocked world markets. Volumes were light due to the bank holiday in the United Kingdom. By 11.53am, the all-share and all-share industrial indices shed 0,51% and 0,44% respectively.

The JSE Securities Exchange (JSE) was mixed in noon trade on Friday in a market that lacked overall drivers. While heavyweight dual-listed stocks were generally firmer on the back of positive performances offshore, moves in the rest of the market were mostly stock specific, dealers said.

The JSE was weaker in noon trade on Wednesday on the back of negative global sentiment. Heavy losses in resources, following BHP Billiton’s results released before the opening, exacerbated the bourse’s fall. By 12.15pm, the all share index shed 1,19%. Resources retreated 2,21%, while the gold and platinum mining indices surrendered 0,48% and 0,93% respectively.

The JSE Securities Exchange (JSE) was weaker in noon trade on Tuesday, dragged down by a stronger rand. However, dealers said that some strength could possibly be seen later in the day after the market digested better-than-expected gross domestic product data released on Tuesday morning.

The JSE was down for the third straight day at noon on Thursday as the profit-taking that started on Tuesday continued. A weaker rand did little to support the local bourse. At 11.58am, the all share index was down 0,61%. Resources retreated 1,48%, the gold mining index tumbled 2,78% and the platinum mining index weakened 0,67%.

The JSE was down for the second straight day on Wednesday as the profit-taking that started on Tuesday, following the bourse’s rally to several successive record highs, continued. The local bourse’s losses were in line with the trend on world
markets.

he JSE was slightly weaker in noon trade on Tuesday, dragged down by heavyweight resources stocks. The losses came despite a weaker rand. At 11.59am, the all share index was off 0,14%. Resources retreated 0,63% and the banks index was 0,09% in the red.

After rallying to another record high on Monday, the JSE drifted weaker at the opening on Tuesday, with petrochemicals group Sasol coming off following an easing in the oil price. Early volumes were light. By 9.22am, the all share index shed 0,14%. Resources retreated 0,5%, with the gold and platinum mining indices losing 1,02% and 0,59% respectively.

The JSE Securities Exchange (JSE) reached another record high on Friday, with gold stocks delivering a particularly strong performance due to the higher bullion price and the end of the nationwide strike in the gold-mining industry. The bourse’s strength came in defiance of a strong rand.

The JSE Securities Exchange (JSE) was easier in noon trade on Thursday as the record high oil price weighed on global markets. Resources were up, however, on the back of higher commodity prices. By 12.01pm, the all-share index was off 0,18%. Industrials and financials fell 0,62% and 0,86% respectively.

The JSE Securities Exchange (JSE) reached yet another record high on Wednesday, boosted by stronger world markets and positive corporate news. A stronger rand and the ongoing strike in the industry weighed on gold stocks, however. At 12.01pm, the all-share index was up 0,65% at 15 705,61.

The JSE Securities Exchange (JSE) entered new territory for the 20th day in the past month on Thursday, led by gold-miner Gold Fields, which reported strong results before the opening. London-listed diversified resources group Anglo American led the downside after its interims disappointed the market.