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/ 10 September 2007
"I have never invested on the stock market, but would like to do it now and I am very interested in Satrix. Do you think it would be worthwhile to invest a lump sum of R2 000 now and later a lump sum of R1 000, whenever I can afford it, say every three months?" We answer your investment questions.
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/ 10 September 2007
The JSE continued to hold on to its earlier gains by noon on Monday as miners gained speed after a rally in the gold and platinum price. Shortly before midday, the rand was bid at 7,19 to the United States dollar from 7,25 when the JSE closed on Friday, while gold was quoted at $703,75 a troy ounce from $703 at the JSE’s last close.
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/ 6 September 2007
The JSE all-share index held onto its gains at midday on Tuesday, with the resource index shining brightly — underpinned by good buying interest in resource stocks Anglo American and BHP Billiton. By noon, the all-share index rose 0,50%. Resources advanced 1,25% and the gold mining index edged up 0,38%.
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/ 5 September 2007
The JSE was in the red at midday on Wednesday after vacillating between positive and negative territory during early trade as investors took profits on stocks that have recovered from last month’s losses. The JSE’s all-share started in the red, but inched into positive territory within the first 15 minutes of trade, and by midday it had fallen back into the red.
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/ 4 September 2007
The JSE was a bit firmer by midday on Tuesday as a number of local deals buoyed sentiment for buyers. The local bourse was also getting positive direction from the FTSE, which was down in early trade, but recovered during the morning. By midday on the JSE, the all-share index was up 0,30%.
The JSE remained firm at midday on Thursday, with platinum miners a feature following strong results from Impala Platinum earlier in the day. A 2% gain on Wall Street overnight and generally firm global bourses were also helping. By noon, the all-share index was 0,82% higher. Resources were 0,75% better and the gold-mining index advanced 0,90%.
The JSE was off its earlier lows by midday on Wednesday as investors looked for value after the recent sharp sell-off. After starting weaker on the back of a sharp fall on Wall Street overnight, the JSE was looking a little better late morning. The Dow shed 2% on Tuesday and Tokyo shares ended down 1,7%, but London shares have turned around.
After ending 1,5% higher on Monday, the JSE was back in the red on Tuesday morning following a decline in the Dow overnight. However, the local bourse was being cushioned somewhat by the softer rand and good interest in direct miners. By 12.11pm, the all-share index was off 0,15%.