Resources set tone for the local bourse

2019-10-14 18:11

The JSE also shrugged off earlier momentum from Chinese markets which rallied on the optimism of a partial trade deal. The rand held on to its gains as it peaked at a session high of R14.72/$ before it was recorded trading 0.01% firmer at R14.79/$ at 17:00.

Rand weakens on report China may play hardball with US

2019-10-07 13:58

The local currency fell on news China may be reluctant to accept comprehensive trade deal with the Trump administration.

Resources lift the JSE

2019-10-01 18:04

With Chinese markets closed for a holiday, there was little sentiment filtering from that market. In Japan, the Nikkei eventually closed 0.59% firmer.

These are the worst-performing currencies over the last five years – and the rand isn’t even among the top 25

2019-09-18 06:41

The rand lost 30% of its value compared to the US dollar since 2014.

ECB cuts rates, revives QE to lift growth as Draghi era ends

2019-09-14 14:31

The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.

Financials rally on the back of the firmer rand

2019-09-12 18:12

The JSE advanced on Thursday along with other global stocks as investors were optimistic on the back of the European Central Bank's rate decision.

Markets WRAP: Rand closes at R14.73/$

2019-09-11 09:37

The local currency traded in a range between R14.60 and R14.74 to the greenback on Wednesday.

Pound runs out of steam amid UK parliament shutdown

2019-09-10 13:18

The pound has faltered as dealers mulled Britain's parliamentary suspension and the outlook for a Brexit deal.

Weaker gold miners drag all-share index lower

2019-09-09 18:28

The JSE closed softer on Monday primarily on the back of losses from gold miners and a couple of blue-chips.

Markets WRAP: Rand closes at R14.74/$

2019-09-06 08:35

The rand closed at R14.74/$ on Friday.


Stocks rise on promise of trade deal

2019-10-11 18:39

Reactions to the headlines about the trade war have become fickle as the tension has been drawn out, however there seems to be an elevated sense of optimism that the current talks will yield a partial deal.

JSE tumbles as global growth fears spread

2019-10-02 18:46

With the Chinese markets still closed for a holiday, the Hang Seng and Nikkei lost 0.19% and 0.49% respectively as they reacted to worse than expected US economic data.

Local bourse tracks Asian stocks lower

2019-09-30 18:15

The greenback strengthened against a basket of major currencies which saw it peak as high as 99.46 index points on the US dollar index.

Markets WRAP: Rand closes at R14.60/$

2019-09-16 09:19

Gold and other precious metals rallied on Monday after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.

Pound jumps on Brexit hopes as global stocks firmer

2019-09-13 13:55

The British pound has hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit.

Stocks rally as Prosus debuts on the JSE

2019-09-11 18:14

The JSE rallied on Wednesday on the back of broad-based gains across all the major indices which were inspired by gains across most global stocks.

JSE softer as miners remain under pressure

2019-09-10 18:50

The local bourse closed softer for a second consecutive session as miners extended their decline.

Markets LIVE: Rand closes at R14.67/$

2019-09-10 09:23

The local currency has strengthened to its best level in more than a month.

Markets WRAP: Rand closes at R14.74/$

2019-09-09 08:36

The rand closed at R14.74/$ on Monday.

Markets LIVE: Rand closes 1.75% firmer at R14.83/$

2019-09-04 08:40

The local currency strengthened significantly on Wednesday to record its best day in weeks.

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