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Posts Tagged ‘European stocks’

 

Daily Solutions – 01 December 2017

By Alexander Forbes Investments on Dec 01, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed weaker on Thursday as industrials and miners retreated on a stronger rand, and as Naspers lost ground following reports of impropriety at MultiChoice. At the JSE’s close the rand was at R13.5898 to the dollar, from Wednesday’s R13.6598. The all share closed below 60,000 points for the first time in two weeks, as the market took a risk-off view ahead of the ANC’s elective conference in three weeks’ time, while Finance Minister Malusi Gigaba said the government was working on the provision of free higher education “in a sustainable way”.

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Daily Solutions – 30 November 2017

By Alexander Forbes Investments on Nov 30, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed firmer on Wednesday in its best performance so far this week, as the weaker rand in the afternoon supported industrials, while Naspers gained following the release of its interim results. The property index led for most of the day, but was pipped at the post by a rebound in platinum stocks.

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Daily Solutions – 24 November 2017

By Alexander Forbes Investments on Nov 24, 2017 in Industry Updates Market and Economic Commentary Research The news

JOHANNESBURG – The JSE slipped on Thursday, with indices sensitive to interest-rate changes, such as banks and retailers, seemingly brushing off what was seen by some as a hawkish tone from the Reserve Bank. The Bank, earlier, kept the repurchase rate on hold at 6.75%, as expected, but analysts said future interest-rate cuts were unlikely.

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Daily Solutions – 16 November 2017

By Alexander Forbes Investments on Nov 16, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed weaker on Wednesday, as diversified miners lost out on lower iron ore and copper prices, against the backdrop of softer global markets and despite a sterling performance by Naspers. Naspers closed at a record high after Chinese internet company Tencent, of which it owns about a third, reported third-quarter net profit rose nearly 70% from a year earlier.

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