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Markets

Local bourse erases earlier gains as risk aversion returns

Feb 20 2020 19:15

The JSE had managed to get off to a firmer start before the declines in Europe weighed in the afternoon session.

Markets

Resources carry the JSE

Feb 19 2020 19:50

Stocks in Europe were buoyant with gains being recorded across all the major indices, while US stocks also managed to open firmer.

Markets

Local stocks softer on downgrade fears

Feb 18 2020 19:38

Weakness was not only limited to the local bourse as global markets also retreated on the back of concerns that the coronavirus would have much bigger impact on global growth

Markets

JSE advances as global stocks hold steady

Feb 17 2020 20:15

The rand plummeted in the afternoon session after Moody’s lowered South Africa’s GDP forecast to 0.7% from 1%

JSE

Local bourse inches higher after another slow session

Feb 14 2020 17:40

The outlook was mixed in most global markets starting off in Asia where the Hang Seng and Shanghai Composite Index gained 0.31% and 0.7% respectively, while the Nikkei shed 0.59%.

JSE

Local bourse closes firmer after mixed session

Feb 13 2020 17:41

The US Fed has indicated that it is closely assessing the potential impact to growth that could stem from the epidemic, while in China measures such as reserve requirement cuts have been taken to bump up liquidity in the markets.

JSE

Resources lead JSE rally

Feb 12 2020 17:51

The JSE opened mildly firmer and climbed further as the session progressed. The surge started off in Asia where the Shanghai Composite Index gained 0.81%, the Hang Seng added 0.87% while the Nikkei rose 0.74%.

JSE

JSE rebounds on the back of US index record highs

Feb 11 2020 18:17

The sea-saw action in financial markets continues despite the ongoing risks associated with the coronavirus. The gains in today’s session seem to have been triggered by another record high trading session in the USA on Monday.

 
JSE

JSE retreats as global sentiment remains weak

Feb 10 2020 17:59

Investors continued to assess the impact of the coronavirus particularly to global growth with most sectors taking a rather cautious approach. There are still broader concerns over the spread of the virus and how prepared health authorities are to contain it.

Markets

Planned SAA route cuts: Consumers could end up paying more to fly

Feb 07 2020 21:45

The gap in supply left by SAA planning to cancel a number of routes and reduce some frequencies, could mean increased airfares for consumers, warns an aviation expert.

Markets

SA planning to raise tariffs on poultry imports from US, Brazil

Feb 07 2020 20:45

South Africa will increase tariffs on poultry imports from the U.S. and Brazil, handing a boost to local producers who have called for fresh measures to counter the dumping of cheap overseas chicken.

Equities

Stocks retreat despite robust US jobs data

Feb 07 2020 18:21

The JSE closed softer on Friday in line with global markets which retreated despite robust US jobs numbers.

Currencies

Rand weakens to above R15/$

Feb 07 2020 12:09

Emerging markets are coming under pressure due to concerns over the economic impact of coronavirus, says Bianca Botes of Peregrine Treasury Solutions.

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