Company Data
| Last traded |
R33,104.06 |
| Change |
R111.81 |
| % Change |
0.34% |
| Cumulative volume |
0 |
| Market cap |
R0.00 |
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Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Johannesburg - The JSE was in the red at noon, but
off its earlier lows, as corporate news continued to be the main
drivers.
A local trader said that the market was stuck a bit in the
red, but off earlier lows. He noted that the corporate action talk
between Glencore and Xstrata was still lifting Anglo American stock. MTN
was, conversely, suffering after more negative news emanated from Iran.
Despite trade still being in the red the trader said that the
market was still doing quite well, retaining a bullish undertone.
Investors were eying key US data due for release later on in the day for
more direction.
At noon, the JSE
All Share [JSE:J203] index was down 0.21%. Gold stocks
were up 0.71%, platinum shares had picked up 0.27%, while resources were
in flat territory (-0.02%).
Industrials withered 0.46%, banks lessened 0.18% while financials were static (0.01%).
The rand was bid at 7.63 to the dollar from 7.65 at the JSE's
close on Thursday. Gold was quoted at US$1,760.54 a troy ounce from
US$1,750.48/oz at the JSE's previous close, while platinum was at
US$1,632/oz, from US$1,625/oz before.
Dow Jones Newswires reported that European stocks nudged
between small losses and gains on Friday as traders took to the
sidelines ahead of a key US employment report, which is seen as a
barometer of the world's largest economy.
It is not unusual for markets to tread water ahead of the US
payrolls report, which is seen as one of the highlights of the monthly
economic calendar.
At noon local time, London's FTSE 100 was up 0.33% while Paris's CAC-40 hovered in flat territory (0.06%).
Elsewhere, Greece's debt negotiations with its private sector
creditors continued to drag on, despite reassurances every day this week
that talks were nearing a conclusion.
Earlier, Asian stock markets ended mixed in choppy trade on
Friday as many investors took to the sidelines ahead of the crucial jobs
data from the US later in the global day.
The regional mood was subdued after an uninspiring lead from
Wall Street on Thursday and protracted Greek debt write-off talks.
Japan's Nikkei 225 eased 0.51%, and Hong Kong's Hang Seng Index was relatively flat (0.08%).