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Markets

Markets WRAP: Rand closes at R13.84/$

Jul 22 2019 09:45

The day's range was between R13.82 to R13.97.

Markets

Markets WRAP: Rand closes at R13.88/$

Jul 23 2019 09:49

The day's range was between R13.85 to R13.95.

JSE

China launches STAR market as Equities retreat

Jul 22 2019 18:58

Tensions between the United State and China, continue to make the headlines as no firm deal appears to have been made by the two economic giants. The Trump regime continues to utter statements that provide very little confidence to the market.

Currencies

Politics fails to dent rand as traders look to Fed

Jul 22 2019 12:28

SA's recent political ructions have proved to be just noise for rand traders, which has gained almost 3% over the past month.

Commodities

Oil advances as Iran's seizure of tanker keeps tension high

Jul 22 2019 08:29

Oil extended gains as tensions in the Persian Gulf remained elevated after Iran seized a British tanker, and Libyan production fell after an unidentified group reportedly shut the country’s largest field.

Equities

JSE rises as market participants bet on more central bank stimulus

Jul 19 2019 17:50

The JSE has risen primarily on the back of gains recorded on the mining index as well as advances from all the major indices.

Commodities

Oil pares steep weekly loss as US warship downs Iranian drone

Jul 19 2019 10:13

Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from the Middle East may be disrupted.

Equities

Muted session for the JSE as central bank cuts rates

Jul 18 2019 18:15

The JSE had a relatively muted session on Thursday as it struggled to find direction ahead of the South African Reserve Bank’s interest rate decision.

International Markets

Stock markets weaker, pound under pressure

Jul 17 2019 18:54

Global stock markets have turned weaker after recent record gains in the US while growing concerns about a no-deal Brexit kept the pound under pressure.

 
Equities

JSE weaker ahead of SARB rate decision

Jul 17 2019 18:05

The local bourse has retreated on Wednesday mainly on the back of broad-based weakness across most major global indices.

International Markets

US stocks edge down from records

Jul 16 2019 16:30

Wall Street stocks have edged down from records following mixed banking earnings and worrisome manufacturing data contrasted with strong US retail sales.

Equities

Financials lead the surge on the JSE

Jul 16 2019 19:06

The JSE has advanced mainly on the back of a rally led by the financials index which rose on the back of a firmer rand.

International Markets

Hong Kong stocks finish with gains

Jul 16 2019 15:11

Hong Kong stocks have ended higher in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season.

International Markets

European stock markets edge higher, pound slumps

Jul 16 2019 15:08

European stock markets have edged higher, while the pound hit the lowest level versus the dollar in more than two years on Brexit deadlock.

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