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Rand posts worst week since May as Gordhan doubts persist
August 26, 2016--The rand headed for the biggest weekly drop since May while benchmark government debt slumped by the most this year on concern Finance Minster Pravin Gordhan's job is on the line.
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Source: FIN24
JSE treads water as world awaits Yellen speech
August 26, 2016--The JSE has been in limbo together with global markets, with the major indices moving only marginally as investors mostly occupied the sidelines.
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Source: FIN24
Assets extend slump as JSE tracks global markets
August 25, 2016--Assets slumped further as the finance minister said he would not appear before the Hawks, while share prices on the JSE have been more in line with global markets.
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Source: FIN24
Rand heads for month-low as Gordhan probe deepens
August 25, 2016--The rand has weakened against the dollar as a statement by President Jacob Zuma failed to allay market concern about the future of Finance Minister Pravin Gordhan.
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Source: FIN24
JSE financials reel as Gordhan probe escalates
August 24, 2016--The JSE's banking sector has been hard hit after a probe around Finance Minister Pravin Gordhan took a new twist, but there were gains among rand hedge stocks.
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Source: FIN24
Rand takes beating as Gordhan drama deepens
August 24, 2016--On a day dominated by the continued unfolding of the drama between Finance Minister Pravin Gordhan and the Hawks, the rand appears to have been one of the victims.
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Source: FIN24
Resources rise but rest of JSE in doldrums
August 23, 2016--Resources shares have been the stars on the JSE, but the rest of the market was still in limbo as the big dual-listed shares took a breather after their strong run.
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Source: FIN24
Rand plunges on report Hawks circling Gordhan
August 23, 2016--The rand has fallen to its weakest level against the dollar in three weeks after a report claiming the Hawks ordered Finance Minister Pravin Gordhan to report to its offices.
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Source: FIN24
JSE heavyweights rally on weak rand
August 22, 2016--The big dual-listed shares on the JSE, which represent most of the market's value, have staged an impressive comeback after languishing in the doldrums.
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Source: FIN24
Rand retreats on US rate hike prospects
August 22, 2016--The rand has continued its retreat against a strengthening dollar as rekindled expectations of a near-rate rise kept investors cautious.
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Source: FIN24
