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Today's News

JSE struggles to maintain earlier momentum Fri, 17 Aug 2018 19:13:46 +0200

The JSE barely closed firmer on Friday as it struggled to maintain earlier gains.


US stocks fall on Turkey tensions, Tesla drops Fri, 17 Aug 2018 16:42:37 +0200

Wall Street stocks have fallen as the Turkish lira fell on the latest diplomatic frictions with the United States.


Rand breaches R15/$ in volatile trade Fri, 17 Aug 2018 12:35:28 +0200

Andre Botha, senior currency Dealer at TreasuryONE, said in a morning note that the rand was still taking its cue from risk-averse emerging market sentiment.


European stocks regain composure on US-China trade talk news Thu, 16 Aug 2018 16:25:01 +0200

European stocks have rebounded on news that Beijing and Washington will hold trade talks, while the Turkish lira rose after Qatar offered to invest $15bn in Turkey.


JSE wrap: Stocks rebound to lift the JSE Thu, 16 Aug 2018 21:10:03 +0200

The JSE rebounded to close firmer on Thursday following Wednesday’s sharp sell-off.


Wall Street stocks lifted by US-China talks, Walmart Thu, 16 Aug 2018 16:20:51 +0200

Wall Street stocks have risen early following news US and Chinese officials will hold trade talks, and as Walmart surged on strong earnings.


Volatile rand continues to see-saw around the R14.50/$-level Thu, 16 Aug 2018 14:41:06 +0200

Analysts say the period of sharp volatility for the local currency is likely to continue, with both local and international factors playing a role.


Asian stocks pare losses after US-China trade talk news Thu, 16 Aug 2018 11:31:25 +0200

Asia stocks have closed lower, joining a global sell-off on concerns over Turkey's financial crisis, although losses were capped by news that China and the US would hold trade talks.


Hong Kong stocks extend losing streak Thu, 16 Aug 2018 10:37:26 +0200

Hong Kong stocks have continued their week in red despite news of fresh US-China trade talks, tracking losses on Wall Street.


European stocks advance at open Thu, 16 Aug 2018 09:40:04 +0200

European equity markets have climbed at the start of trading, with London's benchmark FTSE 100 index up 0.3% at 7 521.53 points.


Asian stocks pare losses after US-China trade talk news Thu, 16 Aug 2018 09:35:55 +0200

Asia stocks have drifted lower, joining a global sell-off on concerns over Turkey's financial crisis.


Tokyo's Nikkei index trims early losses to end flat Thu, 16 Aug 2018 09:30:56 +0200

Tokyo's benchmark stock index has closed flat, trimming early losses after the news that China and the US would hold trade talks.


Downbeat Moody's, Naspers add to perfect storm for rand Wed, 15 Aug 2018 17:32:37 +0200

The rand headed for its biggest drop against the dollar since 2016, buffeted by headwinds, including a downbeat view of the economy by Moody’s and a plunge in the biggest company on the JSE.


Naspers drags JSE All-Share index down after Tencent earnings results Wed, 15 Aug 2018 17:22:27 +0200

Naspers has come under pressure following the release of its Hong Kong listed associate, Tencent's second quarter earnings results.


Stock markets falter, Turkish lira firms Wed, 15 Aug 2018 15:11:37 +0200

Stock markets have mostly fallen with commodities-linked assets hit by dollar strength, while the Turkish lira recovered further.


Rand plunges on renewed land reform rumours, Moody's warning Wed, 15 Aug 2018 14:11:16 +0200

The rand has slumped more than 3% due to renewed uncertainty over South Africa's land reform plan and a Moody's warning on the country's fiscal deficit.


European stock markets climb at open Wed, 15 Aug 2018 09:44:32 +0200

European stock markets have risen at the start of trading, with London's benchmark FTSE 100 index climbing 0.3% to 7 631.64 points.


Asian shares slip back, lira steady Wed, 15 Aug 2018 09:30:06 +0200

Asian shares have fallen as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit lira took a breather following the turmoil of the past week.


Tokyo stocks down as Turkey jitters continue Wed, 15 Aug 2018 09:24:43 +0200

Tokyo stocks have erased early gains to finish lower in trading, as Turkey's currency crisis fuelled concerns of contagion to other emerging economies.


Orders jump at SA bond sale as investors see value Tue, 14 Aug 2018 20:35:44 +0200

South Africa just had its strongest bond auction since March, a sign investors see value in the country’s debt after a sell-off sparked by Turkey’s currency woes.


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