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Nigeria: Finally, Nigeria Exits Recession, Reports 0.55 Percent GDP Growth in Q2
September 5, 2017-After contracting for five consecutive quarters, the Nigerian economy has finally exited the recession, as data on the country's gross domestic product growth rate to be released at 10 a.m. today by the National Bureau of Statistics has shown that the economy grew at 0.55 per cent in the second quarter of 2017.
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Source: AllAfrica.com
Gold rally on nuclear threat not enough to buoy JSE
September 4, 2017--The Gold Mining index on the JSE gained over 4% as the gold price rallied on claims by North Korea that it tested a hydrogen bomb over the weekend
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Source: FIN24
Strong rand puts damper on JSE rally
September 1, 2017--The strong rand has put the brakes on price movements on the JSE and the major indices have only risen moderately, despite good news about the global and SA economies.
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Source: FIN24
Zimbabwe Stock Exchange breaches all-time high
September 1, 2017--The Zimbabwe Stock Exchange has breached its all-time high as stocks continued to rally unabated, making the bourse Africa's top riser.
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Source: FIN24
JSE breaks losing streak
August 31, 2017--The JSE closed in positive territory for the first time in this week's trading session as the local bourse was buoyed by diversified miners.
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Source: FIN24
JSE closes in the red for 3rd straight session
August 30, 2017--The JSE has closed lower for a third consecutive session as it failed to find a bottom to its current slide.
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Source: FIN24
Rand recovers after spiking to R13.10/$ on US GDP data
August 30, 2017--The rand spiked to R13.10 to the US dollar, giving up all the gains of the previous session as the dollar rebounded on strong US growth data.
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Source: FIN24
JSE slides as it follows global trend lower
August 29, 2017--The JSE closed, mirroring the current downtrend in global markets, says Musa Makoni, a trading specialist at EasyEquities.
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Source: FIN24
Rand surprises market with strong push to below R13/$
August 29, 2017--The rand has surprised the market with a strong push to below R13/$ as the unit capitalised on a weaker dollar.
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Source: FIN24
Politics looms large as foreigners cut SA stock bets
August 28, 2017--While Johannesburg's benchmark index closed at an all-time high on Friday, political manoeuvering expected over the next four months is causing foreign investors to limit their bets.
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Source: FIN24
