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Rand, bonds firm after weeks of selling
November 10, 2014--The rand has pulled back from five-week lows against the dollar as
softer-than-expected US jobs numbers buoyed risky assets globally.
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Source: FIN24
Richemont leads JSE higher
November 7, 2014--Shares of Richemont has taken the JSE, as investors overlooked disappointing first-half results, focusing
instead on value in a stock seen as oversold.
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Source: FIN24
2014 Africa Prosperity Report
November 7, 20144--The 2014 Africa Prosperity Report ranks 38 countries in terms of prosperity-defined as wealth and wellbeing. The report measures GDP and eight sub-indices such as education, health, and personal freedom.
INTRODUCTION
As African economies grow,a chief concern for many governments is how to ensure that the fruits of growth benefit a majority of the population and contribute to true long term prosperity. Poor infrastructure, weak governance, unfriendly business climates, inadequate healthcare, and safety and security concerns are some of the challenges mentioned that may hinder long term development and prosperity.
view the 2014 Africa Prosperity Report
Source: Legatum
Softer rand supports JSE resources
November 6, 2014--Short-term selling pressure may continue on the JSE as overseas investors desert emerging markets,
driving the rand and bond prices lower.
Nigeria: Panic Offloading of Equities Triggers Massive Slide Stock Market Capitalisation view more
JSE slips, gold miners in the doldrums view more
JSE falls as key commodity prices sink view more
Rand gets some relief before PMI numbers view more
Resources stocks star on JSE view more
Rand on the retreat as China data weighs view more
Source: FIN24
November 6, 2014--Trading activities on the Nigerian Stock Exchange, NSE, for the third consecutive day maintained a downward trend on Thursday as market capitalisation lost over N261 billion amidst panic offloading of equities by equities shareholders.
The market capitalization, which opened at N12.170 trillion on Wednesday, lost N261 billion, or 2.14 per cent at the close oftrading on Thursday to close at N11.909 trillion.
Source: allAfrica.com
November 5, 2014--South African stocks have fallen for a second straight session,
led by gold mining companies, as the price of the metal fell.
Source: FIN24
November 4, 2014--South African stocks have dropped as commodity prices kept heading lower,
but domestic bullion companies got a lift from technical factors.
Source: FIN24
November 4, 2014--The rand has edged up against the dollar,
arresting a recent slide against a strong dollar before the release of domestic business-activity figures.
Source: FIN24
November 3, 2014--Despite all indicators being negative for the sector,
resources shares sparkled while financial and industrial shares slipped as expected.
Source: SEC.gov
November 3, 2014--The rand has kicked-off the week on the back foot as the currency slipped to its weakest level
in two weeks against a bullish dollar.
Source: FIN24
