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Today's News

Local bourse closes softer after muted session Thu, 17 Oct 2019 18:59:03 +0200

The local bourse shrugged off gains that were recorded in Europe and the United States of America following the announcement that the United Kingdom and European Union had agreed on a Brexit deal.

JSE buoyed by firmer close in Asia Wed, 16 Oct 2019 18:14:23 +0200

Stocks rise on positive US earnings and Brexit deal Tue, 15 Oct 2019 18:11:23 +0200

With the United States earnings reporting season having kicked off today following the release of earnings from some of the major banks, investors shifted their focus to the health of the US companies.

Resources set tone for the local bourse Mon, 14 Oct 2019 18:11:15 +0200

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.

Stocks rise on promise of trade deal Fri, 11 Oct 2019 18:39:22 +0200

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.

Oil jumps above $60 as Iran tanker attack reignites Mideast risk Fri, 11 Oct 2019 15:09:28 +0200

Oil jumped back above $60 a barrel after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalation in the world’s most important crude-producing region.

Renewed trade talks fail to lift JSE sentiment Wed, 09 Oct 2019 18:43:53 +0200

The JSE retreated on Wednesday despite a broad-based rebound across the major global markets on the back of positive news from Chinese officials.

JSE slips as trade concerns spread Tue, 08 Oct 2019 18:10:13 +0200

The local bourse eventually closed softer on Tuesday despite opening flat.

JSE bucks global trend to close firmer Mon, 07 Oct 2019 18:08:51 +0200

The JSE bucks the trend in other global markets as it surged to close firmer on Monday.

Rand weakens on report China may play hardball with US Mon, 07 Oct 2019 13:58:15 +0200

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

JSE: minor relief for stocks Fri, 04 Oct 2019 18:38:25 +0200

Stocks on the JSE edged marginally higher after a difficult week of trading in which investors shunned riskier assets due to weak economic data.

China’s gold-buying spree tops 100 tons during trade war Tue, 08 Oct 2019 08:46:04 +0200

China has added more than 100 tons of gold to its reserves since it resumed buying in December, reinforcing its standing as one of the major official accumulators as central banks stock up on the precious metal.

Springbok game 'distracts' traders on JSE Fri, 04 Oct 2019 18:12:29 +0200

South African equities traders have had a busy week, but Friday's session came with a big rugby World Cup game in the middle of the day.

Stocks slump further as growth fears rise Thu, 03 Oct 2019 19:35:34 +0200

The JSE closed weaker for a second consecutive session as global markets remained subdued due to weak economic data.

JSE tumbles as global growth fears spread Wed, 02 Oct 2019 18:46:22 +0200

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.

Resources lift the JSE Tue, 01 Oct 2019 18:04:11 +0200

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

Local bourse tracks Asian stocks lower Mon, 30 Sep 2019 18:15:16 +0200

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.

Local markets close week in limbo Fri, 27 Sep 2019 18:34:46 +0200

Equity markets have traded mixed on Friday as uncertainty around impeachment proceedings in the US continued to hold the market back.

Worst third quarter since 2011 halts SA stocks’ ascent Fri, 27 Sep 2019 17:04:15 +0200

Worries about global growth, the prolonged trade war and a moribund economy have stopped South African stocks in their tracks.

Local bourse firmer as blue chips rebound Thu, 26 Sep 2019 19:48:02 +0200

The JSE edged higher on Thursday as most blue-chips rebounded following the slump recorded on Wednesday.

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