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Rand plunge lifts major JSE indices to new highs

Oct 20 2017 13:35

The rand's sharp fall to its weakest level in a week-and-a-half has given the JSE a welcome push, lifting the major indices back to all-time highs.


Rumours of Ramaphosa axing roils rand

Oct 20 2017 12:59

The rand has led emerging market currency declines against the dollar amid speculation that President Jacob Zuma is preparing to fire his deputy Cyril Ramaphosa.

International Markets

European stocks rebound at open

Oct 20 2017 11:39

European stock markets have rebounded at the start of trading following a late recovery on Wall Street and a record-winning streak by Tokyo.


Oil's geopolitical-risk rally fades as Iraq repairs crude fields

Oct 20 2017 09:17

A surge in crude prices have faded as Iraq sought to restore flows from fields in a disputed region after violence had curbed output.


Woolies, Pick n Pay down as reshuffle, Eskom revelations unnerve JSE

Oct 19 2017 13:49

Most of the major indices have slipped as political uncertainty around the controversial Cabinet reshuffle and revelations of corruption at Eskom continued to hurt the JSE.

International Markets

Stocks drop as Spain crisis heats up, pound falls

Oct 19 2017 12:20

The optimism that spurred US stocks to yet another record has been missing in action throughout Asia and Europe, with European peers trading lower as Spain’s Catalan crisis deepened.

International Markets

European stocks drop before Madrid deadline, EU summit

Oct 19 2017 11:50

Europe's stock markets have fallen, with all eyes on Spain and whether Catalan will abandon a bid for independence ahead of a deadline imposed by Madrid.


Oil trades near 3-week high as Iraq-Kurd violence curbs exports

Oct 19 2017 09:07

Oil has traded near the highest close in three weeks as exports from northern Iraq fell by more than half after fighting between government troops and Kurdish forces.


JSE tracks global markets firmer, rand skids

Oct 18 2017 18:31

The local bourse has firmed in line with global markets, while the rand edged lower following heightened political uncertainty.


Zuma's reshuffle, higher CPI knock rand

Oct 18 2017 18:04

The rand lost over 1% of its value against the dollar as international investors reacted to the news of President Jacob Zuma’s surprise Cabinet changes and as inflation accelerated to 5.5%.


Zuma Cabinet reshuffle makes modest ripples on JSE

Oct 18 2017 14:27

The latest Cabinet reshuffle has continued to cause ripples on the JSE, but these were modest compared to similar reshuffles in the past, suggesting that the market is taking a breather.

International Markets

European stock markets mostly upbeat

Oct 18 2017 14:11

European stock markets have mostly advanced, though Madrid fell as Spain threatened to suspend Catalonia's autonomy.

International Markets

Asia rally ticks along as Tokyo extends surge to 12th day

Oct 18 2017 12:15

The rally on global markets have extended into Asia after another record on Wall Street, while eyes turn to a key meeting of China's leadership.

International Markets

Hong Kong stocks eke out minor gains

Oct 18 2017 11:28

Hong Kong stocks have squeezed out a fifth straight gain following further records on Wall Street while Shanghai ticked higher as Chinese leaders kicked off a key meeting.

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