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Rand weakens as oil tumble fuels jitters
January 7, 2015--The rand has softened against the dollar as falling global oil prices and worries over global
growth prospects soured confidence in emerging market assets.
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Source: FIN24
S&P Dow Jones Indices-Africa Index Dashboard
January 6, 2014--The S&P All Africa slumped by 5.0% for the month to record a total return of -2.5% for the year.
The S&P East Africa 10 soared 21%, the S&P Africa 40 was up 14% and the S&P North Africa 15 added 13% in 2014.
The S&P Egypt BMI delivered a total return of 29% in 2014, with second-best performer South Africa posting an 18% gain. The S&P Nigeria BMI was the worst hit, falling 6.8% in December and recording a total return of -28% for the year in response to a collapsing oil price.
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Source: S&P Dow Jones Indices
JSE share prices recover somewhat
January 6, 2015--Financial and the big double-listed industrial shares, which were hardest hit by eurozone concerns,
have gained the most ground after the previous day's sell-off.
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Source: FIN24
Rand firmer as eurozone woes ease pressure
January 6, 2015--The rand has halted its slide against the dollar and bonds traded close to fresh one-month highs as chances of further policy easing by
the ECB boosted the local unit.
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Source: FIN24
JSE set for a challenging year
January 5, 2015--It seems extra hard work will be needed this year to achieve good returns on the market,
with commodity shares bombed out after decreases of up to 50% last year.
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Source: FIN24
Rand dips on strained emerging market sentiment
January 5, 2015--The rand has weakened to a two-and-a-half week low as investor bets on eurozone quantitative easing and weak global prospects strained emerging market
sentiment.
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Source: FIN24
Promising start fizzles out on JSE
January 2, 2015--The JSE's promising start to the New Year lasted about 90 minutes before the market turned south,
and by midday most of the gains of the brisk opening were lost.
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Source: FIN24
Emerging market sentiment weakens rand
January 2, 2015--The rand has stumbled more than half a percent weaker against the dollar, driven lower by
increasingly negative sentiment towards riskier emerging market assets.
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Source: FIN24
JSE Top-40 ends flat, adds 6% in 2014
December 31, 2014--SA's benchmark index has clocked a 6% gain for the year and looks set for a volatile 2015, as a
weak rand and lower commodity prices undermine investor confidence.
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Source: FIN24
Weaker rand set to end 2014 on back foot
December 31, 2014--The rand has edged weaker, remaining on track to end 2014 on the back foot as the South African
economy fails to shake fundamental weaknesses.
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Source: FIN24
