Search Our Blog

Follow Us

Posts Tagged ‘JSE’

 

Daily Solutions – 17 October 2017

By Alexander Forbes Investments on Oct 17, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE all share closed above 58,000 points for the first time on Monday as miners shrugged off the effects of a stronger rand, which remained close to its best level in about three weeks. In another strong performance, Naspers closed 1.66% higher at a record R3,253 a share, as Chinese internet company Tencent, in which it owns about a third, closed firmer in Hong Kong trade.

Continue Reading

Daily Solutions – 16 October 2017

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

JOHANNESBURG – The JSE firmed on Friday, despite low trading volumes, as the rand gained on the dollar following a few global data releases. Positive Chinese data helped lift Asian equity markets, and supported local miners, while rand hedges fared the worst on the local bourse.

Continue Reading

Daily Solutions – 11 October 2017

By Alexander Forbes Investments on Oct 11, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE closed marginally higher on Tuesday, as the dollar paused for breath from its recent rally, lifting retailers and banks. Rand hedges, which had helped lift the local bourse to record highs in recent sessions, fell, while volumes on the JSE were slightly below average.

Continue Reading

Daily Solutions – 10 October 2017

By Alexander Forbes Investments on Oct 10, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE all share hit a fourth successive record high on Monday as rand hedges rallied on the weaker domestic currency in line with the pattern established last week. The all share closed 0.52% higher at 57,530,10, breaching the 57,500 level for the first time after hitting 57,000 on Thursday.

Continue Reading