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Today's News

Stock markets weaker, pound under pressure Wed, 17 Jul 2019 18:54:50 +0200

Global stock markets have turned weaker after recent record gains in the US while growing concerns about a no-deal Brexit kept the pound under pressure.

Markets WRAP: Rand closes at R13.98/$ Wed, 17 Jul 2019 17:19:30 +0200

The day's range was between R13.94 and R14.00.

JSE weaker ahead of SARB rate decision Wed, 17 Jul 2019 18:05:13 +0200

The local bourse has retreated on Wednesday mainly on the back of broad-based weakness across most major global indices.

US stocks edge down from records Tue, 16 Jul 2019 16:30:42 +0200

Wall Street stocks have edged down from records following mixed banking earnings and worrisome manufacturing data contrasted with strong US retail sales.

Financials lead the surge on the JSE Tue, 16 Jul 2019 19:06:25 +0200

The JSE has advanced mainly on the back of a rally led by the financials index which rose on the back of a firmer rand.

Hong Kong stocks finish with gains Tue, 16 Jul 2019 15:11:36 +0200

Hong Kong stocks have ended higher in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season.

European stock markets edge higher, pound slumps Tue, 16 Jul 2019 15:08:09 +0200

European stock markets have edged higher, while the pound hit the lowest level versus the dollar in more than two years on Brexit deadlock.

Asian markets drift as investors eye start of earnings season Tue, 16 Jul 2019 15:09:18 +0200

Most Asian markets have been mixed as investors took a breather after a recent rally and as they awaited the start of the corporate earnings season.

JSE closes 0.27% firmer Mon, 15 Jul 2019 22:19:41 +0200

Momentum continued to favour the bulls on Monday as Asian and US markets continued to advance, while the JSE All-Share index closes 0.27% firmer.

Markets WRAP: Rand closes at R13.92/$ Tue, 16 Jul 2019 17:18:05 +0200

The day's range was between R13.83 to R13.93.

Markets waver as Chinese economy slows Mon, 15 Jul 2019 17:21:20 +0200

World stock markets have wavered on news that China's economy grew at its weakest pace in nearly three decades, hit by the US trade war.

US stocks dip at start of heavy earnings week Mon, 15 Jul 2019 16:53:53 +0200

Wall Street stocks have edged lower ahead of a deluge of quarterly earnings reports from large banks and other companies.

JSE closes flat as it struggles for direction Fri, 12 Jul 2019 21:18:28 +0200

The JSE struggled for direction on Friday eventually closing marginally weaker as it faded towards the close.

JSE retreats as mining production data disappoints Thu, 11 Jul 2019 19:36:52 +0200

The JSE retreated on Thursday led by losses on the resources index on the back of relatively weak mining production numbers as well as weaker rand metal commodity prices.

TECHNICAL ANALYSIS: AngloGold shares show upturn potential as gold shares still in focus Fri, 12 Jul 2019 12:48:23 +0200

Leading gold producer AngloGold is pausing in the short-term before potentially renewing its uptrend. Its share price still has large upside potential.

Markets WRAP: Rand closes at R13.89/$ Mon, 15 Jul 2019 17:08:41 +0200

The day's range was between R13.85 and R13.97.

Markets WRAP: The rand closed at R14.03/$ Fri, 12 Jul 2019 17:09:14 +0200

The day's range was between R13.89 and R14.04.

Rand strengthens as Eskom proposal soothes traders’ nerves Thu, 11 Jul 2019 15:38:12 +0200

The rand rose to the strongest level since February after Eskom's biggest bondholder was said to have a rescue plan for the state-owned company.

Markets WRAP: Rand closes at R13.93/$ Thu, 11 Jul 2019 17:39:01 +0200

The day's range was between R13.85 and R13.99.

Tokyo stocks close up on Fed chief's dovish signal Thu, 11 Jul 2019 09:05:51 +0200

Tokyo stocks have risen, extending US rallies on growing expectations of a rate cut, while Nintendo surged after the game giant unveiled a scaled back, cheaper version of its Switch console.

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