Company Data
| Last traded |
R73.78 |
| Change |
R0.42 |
| % Change |
0.57% |
| Cumulative volume |
215,578 |
| Market cap |
R6.41bn |
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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 brought to a standstill at the opening bell on Monday due to a technical glitch.
It is not clear when trading will resume, but the
JSE Ltd [JSE:JSE] said it is attending to the problem.
A trader confirmed that the local bourse had a "technical issue".
The rand was bid at 7.61 to the dollar from 7.57 at the JSE's last close on Friday. Gold was quoted at $1 208.40 a troy ounce from $1 208.54 at the JSE's previous close, while platinum was at $1 524.00/oz from $1 534/oz before.
On the global front, markets were firmer on the back of Wall Street gains and positive economic data from China.
Dow Jones Newswires reported that Asian stocks were higher on Monday after Wall Street's rise on Friday, while Tokyo shares eked out modest gains
in a subdued session as investors digested news of a major election defeat for the ruling Democratic Party of Japan.
Overall sentiment was also getting some support on Saturday's data showing that China's exports in June grew 43.9% on-year to a record $137bn. That beat a 40% rise tipped by a Dow Jones Newswires poll of economists.
The exports data suggested that global growth was holding up despite disappointing US economic data. "The Chinese trade data add to the bullish leads inherited from Wall Street," said IG Markets strategist Ben Potter in Sydney. "They suggest the global economy is still reasonably strong."
European stocks are expected to open higher Monday, supported by a bullish finish on Wall Street last week and robust export data from China.
However, direction this week will be largely dependent on US second-quarter earnings figures, said Credit Agricole, noting that Alcoa kicks off the earnings season after the close of European equity markets Monday and that several big technology companies, including Intel and Google, are set to follow it later this week.
"S&P 500 company earnings are expected to have increased 27% from a year ago, with materials and energy companies leading the gains, reflecting both
strong demand and prices," said Credit Agricole.
- I-Net Bridge