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JSE off to a good start as ALSI futures hit year highs

May 22 2017 18:12

The JSE All-share index futures reached year-to-date highs of 48 520 points as the previous week's momentum carried the local index higher.

International Markets

US stocks rise as oil advances, dollar weakens

May 22 2017 15:45

US stocks have advanced for a third day as crude pushed above $50 a barrel before OPEC meets this week.


Euro rebounds to six-month high, while dollar steadies

May 22 2017 13:36

The euro has climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel said the common currency was 'too weak.'


Oil extends gain toward $51

May 22 2017 13:12

Oil has extended gains toward $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal.

International Markets

Hong Kong stocks climb with oil prices

May 22 2017 12:58

Hong Kong stocks have jumped rising in line with a rally in oil prices fuelled by hopes of an extension to OPEC and Russia's output cut.


Industrial index hits new high on Naspers rally

May 22 2017 12:48

Naspers, by far the biggest share on the JSE, has surged ahead again, helping to pull the Industrial index to a new 52-week high.

International Markets

Output bets spur oil, pound slips on Brexit fears

May 22 2017 12:14

Oil has advanced a fourth day in the build-up to OPEC’s gathering in Vienna, as speculation grows that production cuts will be extended into next year.


Rand recovers as panic over Trump eases

May 22 2017 11:32

The rand has recovered some of its losses of the last week as the panic of Donald Trump's presidency seemingly eased.


Pound falls as Brexit tensions rise

May 22 2017 11:07

The pound has fallen below $1.30 after the UK hardened its Brexit rhetoric and polls predicted a narrower-than-expected win for Prime Minister Theresa May.

International Markets

European stocks steady after biggest weekly loss since Nov

May 22 2017 09:54

European stocks have been little changed, after posting their biggest weekly drop since November, as traders assessed the extent to which global growth can withstand political crises.


Iron ore stockpiles hit record in China

May 22 2017 09:07

The record heap of iron ore on China’s doorstep has just gotten even bigger, with the increase in holdings so far this year eclipsing the build up seen over all of 2016.


Oil rises above $50 as OPEC members seen backing cuts

May 19 2017 15:01

Oil has risen above $50 a barrel in New York for the first time in three weeks on the expectation that OPEC will reaffirm efforts to drain a global glut.


Industrials edge higher on JSE as weak rand boosts heavyweights

May 19 2017 13:43

The Industrial index has reached a new 52-week high, but the resources sector did not share in the run as investors fret over low commodity prices and rising costs.

International Markets

Stocks steady after volatile week, crude rises

May 19 2017 12:06

Global equities have showed signs of stabilising at the end of a turbulent week in which investors confronted political crises in Washington and Brazil.

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