Company Data
| Last traded |
R34,187.17 |
| Change |
R180.65 |
| % Change |
0.53% |
| Cumulative volume |
0 |
| Market cap |
R0.00 |
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Top Stories
Feb 22 2012 22:25
Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget.
Feb 22 2012 21:06
Finance Minister Pravin Gordhan has called for sweeping changes to be made in the way provinces are run.
Feb 22 2012 16:12
The state will start provident funds for domestic and farm workers by next year and look into medical schemes for the security sector.
Johannesburg - The JSE slipped during its opening session on
Friday amid some consolidation following the previous day's strong rally.
The local exchange set a fresh record on Thursday, after
breaking the previous 33 949.41 points on the All-share index reached on
January 23.
"There has been risk taking on the global stage. Our
market is already up 6% this year," said Nick Kunze, head of dealing at
BJM Private Client Services. "Given that it is still January, it's not
surprising that the market is consolidating."
At 9.20, the JSE All Share [JSE:J203] index was 0.37% lower
at 33.937.94. The gold index dipped 0.04%, while resources shed 0.73% and
platinum shares lost 0.52%.
Banks were flat (0.05%), as were financials (0.08%), and
industrials edged down 0.19%.
Gold was trading at $1 717.49 a troy ounce from $1 727.84 at
the JSE's previous close, while platinum was at quoted at $1 607/oz, from $1
617.50/oz at the previous close.
Dow Jones Newswires reported that European stock markets
were expected to open lower, as investors paused for breath following strong
gains, but increasing uncertainty around reaching a Greek debt swap agreement
continued to hamper sentiment.
"The end of the week looks somewhat less positive than
recent days with a 'risk off' tone ensuing overnight," said Credit
Agricole.
Growing confidence about the US economic outlook following the
Federal Reserve's pledge to hold rates low for a longer period was tempered
somewhat by a batch of downbeat US data on Thursday, with an unexpected drop in
sales of new homes for December.
Market participants also preferred to take a conservative
approach amid continued talks between the Greek government and private sector
creditors. Greece and its private sector creditors agreed to meet again on Friday
in a race to negotiate a €100bn debt write-down for the country.
Most Asian stock markets eked out small gains on Friday,
though caution over Greece's debt woes and some earnings disappointments pegged
demand.
Japan's Nikkei Stock Average was flat, while Australia's
S&P/ASX 200 advanced 0.4%.