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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - The JSE rose at noon on Thursday in line with global
markets, but light volumes indicate that investors are cautious ahead of the
release of US weekly jobless claims later today.
By
noon local time the JSE all share index had gained 0.41%, as platinum miners added 0.09%,
gold miners rose 0.13%, and resources climbed 0.47%. Banks picked up
0.63%, financials firmed 0.46% and industrials edged up 0.34%.
The rand was bid at R7.28 to the dollar from R7.33 at the JSE's close on Wednesday. Gold was
quoted at $1 166.88 a troy ounce from $1 161.05/oz at the JSE's previous
close, while platinum was at $1547.50/oz from $1 536.50/oz before.
A
trader said domestic stocks were monitoring world equities, with the US futures and
European shares stronger.
The trader said thin volumes suggest that investors were cautious ahead of the US weekly
jobless claims data, which will be closely watched.
Dow Jones Newswires reported that Asian stocks ended mixed on Thursday though optimism over
the Chinese economy helped push Shanghai-listed shares higher.
The Nikkei Stock Average dropped 0.6% in Tokyo, and Hong Kong's Hang Seng Index ended flat
after rising the previous seven days.
European shares rose, as investors digested a deluge of mostly positive earnings reports. The
FTSE 100 was last firmer 0.69%.
- I-Net Bridge