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International Markets

US stocks ignore valuation worries

May 23 2015 11:57

Wall Street stocks moved mostly higher this week despite mixed earnings from big retailers and caution about swelling equity valuations.

International Markets

Europe stocks close mixed

May 22 2015 18:23

Europe's main stock markets are mixed at the close, with London's benchmark FTSE 100 index up 0.26% at 7 031.72 points.


Rand slips as US inflation points to Fed rate hike

May 22 2015 17:43

The rand has slipped against the dollar as US consumer inflation edged up, boosting the likelihood of a rate hike by the Federal Reserve later this year.

International Markets

US stocks mostly down, S&P 500 retreats

May 22 2015 16:12

Wall Street stocks have opened mostly lower ahead of a long holiday weekend as traders awaited a speech by Federal Reserve Chair Janet Yellen on the US economic outlook.


Richemont takes centre stage on JSE

May 22 2015 14:00

Trading activity on the JSE has centred on Richemont as profit-taking started after the share's steady upward move over the past few days.


Oil falls back on profit-taking

May 22 2015 13:59

Global oil prices have fallen, unwinding recent sharp gains that were fuelled by hopes that a global supply glut could end soon, say dealers.

International Markets

European shares slip off high, Richemont retreats

May 22 2015 13:42

European shares have slipped off three-week highs, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets.


Rand gains after Sarb rates announcement

May 22 2015 09:56

The rand has strengthened against the dollar, supported by a hawkish policy by the SA Reserve Bank, which has signalled a rate hike in the coming months.

International Markets

S&P 500 at record on Best Buy earnings, CVS deal

May 22 2015 07:43

The S&P 500 has finished at a new record following strong earnings from Best Buy and news that CVS Health would buy senior pharmacy services firm Omnicare for $12.7bn.


Oil prices slip in Asian trade

May 22 2015 07:39

Oil prices fell in Asia, unwinding sharp gains in the previous session that was fuelled by hopes that a global supply glut could end soon.

International Markets

Europe stocks close higher

May 21 2015 20:01

Europe's main stock markets have risen at the close, with London's benchmark FTSE 100 index up 0.09% at 7 013.47 points.

International Markets

European stocks fall, pound boosted

May 21 2015 16:45

European stocks have fallen after a largely downbeat session in Asia and Wall Street edging lower, with dealers uncertain over the timing of a hike in US rates.

International Markets

US stocks edge lower; CVS buys Omnicare

May 21 2015 16:28

Wall Street stocks have edged lower in opening trade following news that CVS Health would acquire senior pharmacy services company Omnicare for $12.7bn.


JSE focuses on company results

May 21 2015 14:10

Share prices on the JSE continued to drift mostly sideways, with company results from firms such as Investec and Meclinic drawing plenty of attention.


Oil prices gain on US stockpiles report

May 21 2015 13:45

Global oil prices have risen further as falling US crude stockpiles and production boosted hopes of an easing in the global supply glut, analysts say.

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