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JSE rebounds on China recovery
July 9, 2015--A strong recovery by the Chinese stock market has triggered a firm technical rebound on the JSE,
with all major indices except gold solidly higher by midday.
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Source: FIN24
Rand recovers after cautious Fed minutes
July 9, 2015--The rand recovered against the dollar on Thursday after minutes from the US Federal Reserve signalled a rate hike
there would likely be left until at least September.
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Source: FIN24
JSE up from morning losses
July 8, 2015--The main indices on the JSE were virtually unchanged by midday,
thanks to a strong performance by financial shares.
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Source: FIN24
Rand weakens, mining strike fears weigh
July 8, 2015--The rand has dropped to a fresh four-week low against the dollar
after trade union Amcu walked out of gold sector wage talks, raising fears of a potential mining strike.
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Source: FIN24
Zimbabwe Stock Exchange automation successful
July 8, 2015--The Zimbabwe Stock Exchange (ZSE) started successfully trading on its new automated trading system (ATS) on Monday 6 July and volumes were picking up during the week.
This is a long-awaited change as the stock exchange moved away from call over and paper-based systems.
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Source: Africancapitalmarkets.com
JSE in limbo as world awaits next Greece move
July 7, 2015--The JSE has been treading water, slowly drifting lower as global financial markets wait for news on an
emergency eurozone summit on the Greek crisis.
Rand eases on Greece, no impact from data
July 7, 2015--The rand has traded near the previous session's three-week lows, taking its cue from weak markets in
major commodity importer China.
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Source: FIN24
Nigeria: Stocks Start Week Red, Extend Losses As Investors Remain Pessimistic
July 7, 2015--The equities market closed yesterday on a negative note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] depreciated by 0.28 peer
cent to close at 32,447.05basis points, compared with the 0.61 per cent depreciation recorded previously.
Africa its own biggest investor
July 7, 2015--African pension fund capital has reached $340bn and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270bn.
These figures come from the Bright Africa 2015 report, released today by RisCura, which looks at the drivers, enablers and managers of investment on the continent...
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Source: RisCura
JSE rallies after steep dive on Greece vote
July 6, 2015--The JSE has recovered remarkably well after opening sharply down,
tracking global markets lower as the Greek contagion hit emerging market stocks.
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Source: FIN24
