Company Data
| Last traded |
R312.75 |
| Change |
R0.02 |
| % Change |
0.01% |
| Cumulative volume |
812,216 |
| Market cap |
R520.53bn |
| 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 opened firmer on Tuesday, encouraged
by easing concerns over Greece.
A higher Wall Street yesterday, as well as buoyant Asian
markets today, added to the improving mood, a local trader said, adding that
commodity prices had picked up and the euro had stabilised against the dollar.
SABMiller [JSE:SAB] stock dropped in price this morning
after the group's bid for Australian brewer Foster's, the local trader said.
By 09:22 local time, the JSE All Share [JSE:J203] index was
up 0.50%, with resources rising 0.92% and platinum miners gaining 0.99%. Gold
miners and industrials, however, were both flat. Elsewhere, banks picked up
0.89% and financials were 0.62% higher.
The rand was last bid at R6.73 to the dollar from R6.77 at
the JSE's close on Monday. Gold was quoted at $1 543.23 a troy ounce from $1
538.61/oz at the JSE's previous close, while platinum was at $1 747.00/oz, from
$1 729.50/oz previously.
The local trader said investors were of the opinion that the
Greek debt crisis might come closer to resolution.
Dow Jones Newswires reported that Asian stock markets were
mostly higher in choppy trade on Tuesday as concerns over Greece's debt crisis
eased somewhat, with Foster's Group surging in Sydney after rejecting a
multibillion-dollar takeover bid from London-based SABMiller.
Investors were encouraged by European officials' resolve to
prevent a Greek debt default. But traders remained cautious as they focused on
the outcomes of a no-confidence vote against the Greek government later in the
day and the US Federal Reserve rate-setting meeting on Wednesday.
"What's positive is that the Dow Jones (Industrial
Average) rose for three consecutive days as the US market builds up some
tolerance to the ongoing Greece risk, but weak global economic data in the
second quarter is leading to downward revisions in earnings forecasts for
certain sectors," said Hyundai Securities analyst Bae Sung-young in South
Korea.
Japan's Nikkei Stock Average rose 1.13%, South Korea's Kospi
Composite added 1.4%, Hong Kong's Hang Seng Index was up 0.0%, and China's
Shanghai Composite rose 0.7%.