Following the release of the US Federal Reserve's statement last night, the dollar's recent rally came to an end. This gave commodities a boost during the course of the day.
Resource and mining stocks were the best performers, with Assore adding nearly a third to its share price.
Let's take a closer look at what went on…
Assore climbed 29.58%
Mining firm Assore [JSE:ASR] rose a st... ››› more
Yesterday, commodity stocks around the globe fell sharply. This came after the World Bank cut its economic global growth forecast.
This weighed heavily on commodity stocks as worries about demand resulted in a massive sell-off hitting the sector.
This dragged the JSE down over 3%.
Let's take a closer look at what happened…
Commodity stocks put severe pressure on the JSE
The pri... ››› more
With only a few trading days under the Johannesburg Stock Exchange's belt for the New Year and it's already been a wild ride.
Monday saw the local bourse plummet almost 4% as investors shunned emerging market stocks.
Yet yesterday, the JSE benefitted from a sea of investors looking to buy gold stocks as global market jitters prevail.
Let's take a closer look at what's going on…
Th... ››› more
Historically, buying stocks in mid-December is one of the most opportune times. This marks the time of year when a ‘Santa rally' can occur.
So what exactly is a Santa rally? And is there going to be one this year?
Let's take a closer look…
What is a Santa rally?
A Santa rally covers the last two weeks in December. That is from market close on 15 December through to market close ... ››› more
Yesterday, stocks on the Johannesburg Stock Exchange put in their best performance in years.
Buoying the local market was news out of the US on Wednesday. The Federal Reserve's statement also helped push international stock markets higher.
Let's take a closer look at what led to the JSE's bumper day…
The JSE rallied hard
The JSE was “swept along by a wave of positive global equi... ››› more
Yesterday, stocks on South Africa's bourse closed in the red. The main contributor to the fall was a poor performance by mining stocks.
One stock that performed well was Steinhoff. It rallied strongly after announcing a deal to take over Pepkor.
Let's take a closer look at what went on…
Steinhoff closed 4.5% higher
The JSE ended in negative territory under the weight of some minin... ››› more
After a tough few weeks, shares on the Johannesburg Stock Exchange (JSE) had a welcomed good day.
Spurring stocks higher were suggestions that the European Central Bank may consider further stimulus.
Let's take a closer look at what led to the JSE's good performance…
The JSE’s Top 40 and All Share indices added 2%
Last week, as volatility ruled the world’s stock markets, the m... ››› more
After kicking off the week with a two-hour delay, the Johannesburg Stock Exchange closed slightly higher today.
Pulling the local bourse up was an impressive performance by SABMiller. The brewer rose strongly on the back of takeover rumours.
Let's take a closer look at what happened on the JSE…
The JSE started trading two hours late
There was a delay to equity trading on the JSE t... ››› more
Yesterday morning, stocks on the local bourse waited for some direction, before the release of economic growth figures for the second quarter.
After worries about a recession, growth was positive.
Later in the day, speculation that the European Central Bank would provide more stimulus led the Johannesburg Stock Exchange and markets round the world higher.
Let's take a closer look at what... ››› more
Yesterday, the Johannesburg Stock Exchange felt the strain as one of its heavyweights tumbled.
BHP Billiton announced the creation of a new company along with its results. Investors were hoping for something else.
Shoprite also disappointed investors as the retailer showed slow profit growth in its results.
The JSE's poor performance was in spite of a global trend higher on the markets.
... ››› more
Yesterday, the Johannesburg Stock Exchange benefitted from a soaring palladium price. The struggling platinum producers outperformed on the news.
Palladium supply is under threat due to geopolitical events in Russia. Russia is the world's number one producer of the precious metal.
Let's take a closer look at what happened on the local bourse yesterday…
Platinum producers benefitted f... ››› more
After a crushing end to the week, the Johannesburg Stock Exchange kicked the new week off on a much firmer foot.
Investors took news that the Reserve Bank had taken African Bank into curatorship and a rescue plan was on the table well. The JSE also suspended trade in the troubled banks shares.
Let's take a closer look at how yesterday went on the JSE…
The JSE struggled to stem losses... ››› more
Following three trading sessions down, shares on the Johannesburg Stock Exchange (JSE) blasted higher yesterday.
And the JSE wasn't the only stock market to have a good day. Across the globe, bourses rallied.
Let's take a closer look at what's going on…
The JSE rose over 1%
The JSE closed strongly higher breaking its losing run, says Fin24. An appetite for risk “returned to global ma... ››› more
The Johannesburg Stock Exchange started the day off sharply lower, but picked up as the day went on. The market closed only slightly lower.
Platinum shares were under pressure along with retailer Truworths.
Let's take a closer look at what happened on the JSE today…
The JSE suffered as investors look for safer investments
Escalating “geopolitical tensions in the Middle East and Ukrai... ››› more
The JSE ended the yesterday higher after lacklustre morning trade. Pulling the local bourse higher was solid platinum and gold prices, and bumper performances by Naspers and Sasol. This helped the JSE shrug off negative sentiment. Let's take a closer look at what happened…
Gold and platinum buoyed the market’s performance
It was a day of “volatile trading” on the JSE yesterday, says I... ››› more
Yesterday, the Johannesburg Stock Exchange had an eventful day. Trading didn't kick off until 10am due to a technical glitch. The local bourse then scaled to intraday highs before ending the day flat. Let's take a closer look at what happened on the JSE yesterday…
A proven path to a lifetime of wealth
Most people never hear about these... ››› more
Yesterday, the Johannesburg Stock Exchange ended the day strongly higher. One of the main forces driving the local bourse up was renewed talks between platinum producers and the Association of Mineworkers and Construction Union (AMCU). This gave investors hope that an end to the lengthy strike was in sight. Let's take a closer look at what happened on the JSE yesterday…
***********************... ››› more
The Johannesburg Stock Exchange closed higher today with good news fuelling shares. The local market took positive cues from the chairwoman of the US Federal Reserve's positive indications last night. And better manufacturing data out of China added more confidence. Let's take a closer look at the day on the JSE…
Chinese manufacturing data comes out positive
China’s data for manufacturing... ››› more
It was a bumper day on the JSE as the local bourse closed higher. Helping boost the local market was multinational media giant Naspers. The company soared to an all-time high. And a stronger rand helped out the banks. Let's take a closer look at what happened on the JSE on the first trading day of the week…
Yesterday saw the JSE finish the day “at its highest level in four weeks,” reports ... ››› more
Yesterday, the Johannesburg Stock Exchange closed the day firmly higher. A rally in the price of gold and platinum helped to push the local bourse to its third positive trading day in a row. Let's take a closer look at yesterday on the JSE…
Higher gold and platinum prices helped “gold and platinum producers” book gains yesterday on the JSE, reports Fin24. Leading the gold producers was Ang... ››› more
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