Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand stumbles as recession risk rises
June 9, 2016--The rand has retreated as investor confidence was rattled by data showing the economy contracted sharply in the first quarter, raising the risk of recession.
view more
Source: FIN24
JSE a mixed bag on economic data
June 8, 2016--The JSE was at midday a mixed bag, with industrial and financial shares sharply down but resources and gold reacting solidly on good economic news for China and higher commodity prices.
view more
Source: FIN24
Rand halts rally, Fitch review keep market wary
June 8, 2016--The rand has pulled back from the previous session's four-week highs against the dollar and traders said GDP data expected to show a small contraction.
view more
Source: FIN24
SA makes final junk hurdle, but GDP dives 1.2%
June 8, 2016--Ratings agency Fitch has affirmed SA's investment grade credit, and surprisingly kept its outlook stable, while Stats SA has revealed that first quarter GDP shrunk by 1.2%.
view more
Source: FIN24
All eyes on GDP and ratings agency Fitch
June 8, 2016--Economists expect a negative GDP reading for the first quarter of 2016, while ratings agency Fitch should follow Moody's and S&P and not downgrade SA to junk status.
view more
Source: FIN24
JSE rises as risk appetite grows
June 7, 2016--More risk appetite for shares, which has pushed global markets higher, also gave the JSE strong support with all the major indices higher by mid-morning.
view more
Source: FIN24
Rand's depreciation set to continue
June 7, 2016--Pressure on the rand is likely to resume amid continued policy uncertainty, political tensions, and lacklustre economic growth, according to Overberg Asset Management.
view more
Source: FIN24
Nigeria: Capital Market Slumps Below 3-Yr Lows in 2015-CSCS Boss
June 6, 2016--The Central Securities Clearing System (CSCS) Plc has stated that the Nigerian capital market slumped below its three-year low in 2015 due to dwindling crude oil price, foreign exchange problems and exodus of foreign portfolio investors.
view more
Source: AllAfrica.com
Bonds firmer, rand steady after S&P review
June 6, 2016--Government bonds have firmed after S&P Global Ratings review, but the rand failed to extend gains as the dollar recovered.
view more
Source: FIN24
Rand slips as volatility expected in wake of rating reprieve
June 6, 2106--The rand weakened in early trade on Monday and was expected to be volatile as the dollar recovered and investors digested news that S&P Global Ratings had affirmed the country's investment-grade credit rating.
view more
Source: FIN24
