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Confused rand in balancing act between politics and economics-expert
January 11, 2018--Although the rand is supported by stronger commodity prices and the afterglow of Ramaphosa's victory, it is still unclear which direction the currency wants to take, says an expert.
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Source: FIN24
Rand briefly hits R12.55/$ on rumours Zuma staying put
January 10, 2018--Market analysts have warned that the local currency is particularly sensitive to political rumours, as traders try to anticipate the political manoevres of the ANC.
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Source: FIN24
Another good day for the local market
January 9, 2018--Tuesday has been another good day for the local market with the All-Share index closing up 0.13%, the blue-chip Top40 up 0.12%, industrials up by 0.02% and financials up by 0.33%.
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Source: FIN24
Rand falls as reality of Ramaphosa's task sets in
January 9, 2018--The rand has taken takes a knock as euphoria over Ramaphosa's win dies down, after clocking up its longest weekly winning run since 2010.
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Source: FIN24
All sectors of the JSE in the green at start of new week
January 8, 2018--Resource stocks lead the way to firm by 1.55%, with BHP Billiton and Anglo American up 2.82% and 2.06% respectivel
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Source: FIN24
Rand stable ahead of ANC birthday celebrations
January 8, 2018--Analysts predict the rand will continue to trade in a band between R12.25 and R12.50 to the dollar, ahead of the ANC's birthday celebrations on Saturday.
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Source: FIN24
Nigeria: Nigeria Stock Exchange Rated Africa's Best in 2017
January 6, 2018--Nigeria's Lagos Stock Exchange (NSE) outshone the South African and Kenyan bourses over the past year in a development analysts attributed to political tensions in the latter two countries.
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Source: AllAfrica.com
Nigeria: Banking Stocks Rise Further On Sustained Demand By Investors
January 4, 2018--High demand for banking stocks at the stock market lifted their prices further yesterday, which was the second trading day for the new year.
Although the stock market closed on negative note with the Nigerian Stock Exchange (NSE) All-Share Index falling 0.20 per cent, the NSE Banking Index appreciated by 1.2 per cent.
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Source: AllAfrica.com
Nigeria:Nigeria Stock Exchange 2017-How Companies' Values Fell, Rose
January 3, 2018--For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange, NSE, in 2017 in percentage terms.
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Source: AllAfrica.com
Rand takes a breather
January 3, 2018--The rand has taken a breather from its strong push below R12.30/$ to currently trade around R12.45 against the greenback.
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Source: FIN24
