Company Data
| Last traded |
R33,104.06 |
| Change |
R111.81 |
| % Change |
0.34% |
| Cumulative volume |
0 |
| Market cap |
R0.00 |
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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 relatively flat during its
opening session on Tuesday, appearing to ignore news of the Greek bailout
package.
At 09:23 local time, the JSE All Share [JSE:J203] index was
up 0.12% to 34,146.50 points, with gold miners gaining 0.47%, resources rising
0.36% but the platinum index dipped 0.48%.
Financials were flat (-0.02%), as were banks (0.09%) and
industrials (0.01%).
The rand was at R7.66 to the US dollar, from R7.67 at the
JSE's close on Monday. Gold was quoted at $1 740.44 a troy ounce from $1
732.92/oz at the JSE's previous close, while platinum was at $1 655.72/oz, from
$1 647/oz before.
"There is a feeling in the market that the Geek bailout
has already been priced in. The Asian markets were not as excited about the
announcement, neither were forex markets," said Velele Nkosi, equity
dealer at BJM Private Clients Services.
European stocks are expected to start flat or lower as
investors digest details of the latest deal for Greece, Dow Jones Newswires
reports.
Chris Weston at IG Markets says he sees a
"buy-the-rumour, sell-the-fact type event" after Greece and its
creditors agreed on a rescue package totalling €130bn.
London's FTSE 100 is set to start unchanged at 5 945 points.
Officials said the deal would require Greece's private
creditors to take a deeper write-down on the face value of their €200bn in
holdings than at first agreed. The "haircut" on the face value of
privately held Greek debt will now be "over 53%".
In Asia, shares got an initial boost on the Greece news but
then fell back to a mixed showing.