Daily Solutions – 29 November 2017

By Alexander Forbes Investments on Nov 29, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed a little weaker on Tuesday in choppy trade as the market attempted to find direction on a firmer rand and upbeat global markets. A stronger rand tends to support shares with a local focus, while a weaker rand usually results in gains for rand hedges. Miners also tend to benefit from a softer rand. A firmer rand supports lower inflation, which could lead to interest-rate cuts. Resources and platinum stocks closed weaker on the day, while banks and retailers were star performers.

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Africa Beat for the week ended 24 November 2017

By Alexander Forbes Investments on Nov 28, 2017 in Africa Beat

Dear reader
The intention of the Alexander Forbes Investments Africa Beat is to provide you, the investor, with news flow from the rest of the African continent so you can have more knowledgeable discussions around Africa as an investment destination. We hope you will enjoy the brief updates. Please feel free to share your comments and thoughts by getting in touch with the Investment Advisory Team

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Daily Solutions – 28 November 2017

By Alexander Forbes Investments on Nov 28, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed weaker on Monday as the stronger rand supported banking, retailer and property stocks following S&P Global Ratings’ downgrade announcement on Friday. Miners closed in the red. In an unusual development, the rand firmed more than 2.5% against the dollar in the course of the day.

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Daily Solutions – 27 November 2017

By Alexander Forbes Investments on Nov 27, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE was a fraction firmer on Friday, extending its streak of consecutive weekly gains to eight, despite subdued volumes ahead of credit-rating announcements by agencies S&P Global and Moody’s later in the evening. It was also a half-day for US equity markets, with volumes on the local bourse coming in at R14bn, compared with the daily average of R20bn.

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