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South Africa: Platinum Strike Finally Ends
June 23, 2014--The five-month-long strike in the platinum sector finally ended on Monday with labour union Amcu accepting the employers' offer.
"Platinum will never be the same again...What other unions could not do in more than 20 years, you could do in five months," Amcu president Joseph Mathunjwa told around 20,000 union members at the Royal Bafokeng Sports Palace in Phokeng, near Rustenburg in the North West.
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Source: AllAfrica.com
JSE down as earnings weigh on Naspers
June 23, 2014--South African stocks have edged lower as shares in Naspers, the continent's biggest company by market value,
fell after posting a surprise drop in full-year earnings.
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Source: FIN24
Rand steady as China manufacturing expands
June 23, 2014--The rand has continued its firm run against the dollar as positive factory data from China shored up gains achieved by the unit.
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Source: FIN24
Glittering golds lift JSE to new record
June 20, 2014--The JSE has shared in the excitement of a world wide run in share prices,
with gold counters firmly in the spotlight.
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Source: FIN24
Rand stronger vs dollar
June 20, 2014--The rand has ended the week firmer against the dollar,
continuing to ride on better-than-expected local economic data and dovish Federal Reserve remarks.
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Source: FIN24
Yellen remarks provide fillip to JSE
June 19, 2014--US Federal Reserve chair Janet Yellen set world markets, including the JSE,
on a record-breaking run by indicating US interest rates are set to remain ultra low.
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Source: FIN24
Rand hovers near 8-day high
June 19, 2014--The rand has been trading close to the previous day's high and looks set to tread a narrow range,
as investors remain buoyant on the currency.view more
Source: FIN24
Big stocks take knock from stronger rand
June 18, 2014--Major shares with double listings which earn most of their earnings abroad have slipped on the JSE
after the rand started to strengthen.
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Source: FIN24
JSE edges up, Sasol jumps
June 13, 2014--South African stocks inched higher as shares of petrochemical group Sasol rose after
escalating violence in Iraq drove oil prices higher.
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Source: FIN24
Nigeria: Local Investors' Participation On NSE Drops to 25 Percent
June 13, 2014--The level of local investors' participation on the Nigerian Stock Exchange, NSE,
has continued to shrink since the beginning of the year with their percentage contribution to transactions on the Exchange declining to 24.75 percent as at the end of April 2014.
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Source: AllAfrica.com
