Markets WRAP: Rand closes at R14.33/$-continued

December 10, 2018--The rand weakened by more than 1% on Monday afternoon.

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Source: FIN24

AFRICA ETP News
Nigeria: Bitcoin Surges Past $4,000 As Nigerians Trade N1.27bn
March 19, 2019--With the overall cryptocurrency market capitalisation growing by $5 billion, the price of Bitcoin broke the $4,000 benchmark at the weekend and was able to sustain it, as the volume held in naira rose to N1.269 billion.
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Markets WRAP: Rand closes at R14.41/$
March 18, 2019--TreasuryONE said earlier that the rand was holding on to its Friday gains but the continued load shedding might put a brake on any further strength.
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JSE rallies on the back of gains in Asian equities
March 18, 2019--The JSE started the week in the green as it took a leaf from the firmer closes recorded in major Asian markets trading.
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Africa's jumbo stock exchanges to link in 2019?
March 17, 2019--An ambitious project to link Africa's 7 biggest securities exchanges is moving to implementation with a call this month for a project manager for the coming year. The African Exchanges Linkage Project (AELP) aims to transform the number of trades on exchanges and investment flows across Africa by creating a platform so an investor in once country can buy or sell shares listed on an exchange in another country.
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Markets WRAP: Rand closes at R14.41
March 15, 2019--The rand closed at R14.41 on Friday.
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Chinese economic stimulus measures lift global stocks
March 15, 2019--The JSE advances on the back of broad-based positive sentiment which saw most equity markets trading firmer.
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Local bourse closes softer after mixed trading session
March 14, 2019--Locally, market participants were still digesting the drop in the South African business confidence data which was released on Wednesday.
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Nigeria: Investors Lose N120 Billion As Equities Continue Free Fall
March 13, 2019--Trading on the floor of Nigerian Stock Exchange (NSE) extended losses to fifth consecutive trading session as market capitalisation shed N120.6bn to settle at N11.7tn.
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Markets WRAP: Rand closes at R14.41/$
March 13, 2019--The rand closed at R14.41/$, with all eyes still on the UK.
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JSE closes slightly firmer as SA business confidence falls
March 13, 2019--The JSE seemed to borrow a leaf from the minor gains that were recorded across most European major indices, which were lifted by the release of positive US durable goods orders data.
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JSE firmer as global stocks trade cautiously ahead of UK parliament vote
March 12, 2019--The British parliament is expected to vote in what has been termed the "meaningful vote" in which Prime Minister, Theresa May hopes to get lawmakers to back her latest Brexit deal which now has further legal assurances from the European Union.
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Markets WRAP: Rand closes at R14.31/$ as all eyes turn to key Brexit vote
March 12, 2019--TreasuryONE said earlier that the key Brexit vote was the main event today and an approved deal could help the rand.
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JSE starts the week in the green as industrials advance
March 11, 2019--In China, the Shanghai Composite Index closed 1.98% firmer while the Hang Seng managed to gain 0.97%. In Europe, all the major equity indices also traded mostly firmer as the risk appetite for stocks improved with the decline in treasuries.
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Markets WRAP: Rand closes at R14.36/$
March 11, 2019-=-TreasuryONE said earlier that the rand, along with other EM currencies struggled after the ECB meeting last week as the bullish dollar caused the ZAR to test as high as R14.58.
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JSE All-share Index, a temporary pullback
March 8, 2019--The JSE All-share Index has had a solid run in recent weeks, breaking out above an important resistance level in the process.
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Weaker close for the JSE as earnings results produce more casualties
March 8, 2019--The JSE closed weaker on Friday on the back of a broad-based equity sell-off across most global equity markets.
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Markets LIVE: Rand opens at R14.26/$
March 7, 2019--March 7, 2019--There was "more of the same" on Thursday morning, with currencies treading water in the absence of fresh news on trade talks.
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Markets LIVE: Rand back to R14.20/$
March 6, 2019--The GDP data released yesterday was positive for the rand, but a strong dollar has forced it back to R14.20/$.
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Chinese index's rally inspires gains on the JSE
March 6, 2019--The local bourse took a leaf from the gains recorded in mainland China stocks as it closed firmer on Wednesday.
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South Africa's economy grew by 0.8% in 2018
March 5, 2019--South Africa's economy grew by 1.4% in the fourth quarter of 2018, Stats SA announced on Tuesday morning.
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Local bourse closes weaker as SA GDP beats forecasts
March 5, 2019--The JSE erased earlier gains to close softer on Tuesday as broad-based weakness swept global stocks.
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Markets WRAP: Rand closes at R14.17/$
March 5, 2019--The local currency strengthened to R14.11/$ in the wake of the release of SA's GDP figures for 2018, but later weakened marginally in trade at R14.17/$ at 17:30 on Tuesday.
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Flat close for the JSE as financials cap index gains
March 4, 2019--The JSE closed flat on Monday as the losses recorded on the financials index capped the advance in the industrials index.
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Markets WRAP: Rand closes at R14.22/$
March 4, 2019--After weakening to an intraday low of R14.28 to the greenback, the local currency made up some ground to trade at R14.22/$ at 17:00, down 0.36%.
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Minor reprieve for the JSE as it inches higher
March 1, 2019--The JSE has inched higher as stocks staged a mild rebound following consecutive sessions of losses.
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Markets WRAP: Rand closes at R14.12/$
March 1, 2019--The rand was the worst performing EM currency in early trade.
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JSE weaker as companies flag tough conditions in earnings results
February 28, 2019--The local bourse has closed softer as market participants reacted to a flurry of earnings releases from JSE listed companies.
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JSE closes flat after a weak trading session
February 27, 2019--The JSE has traded mostly softer as the selling pressure from other global markets crept onto the local bourse.
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Nigeria Remains Africa's Largest Economy-Report
February 27, 2019--Nigeria has been named Africa's largest economy for the second year in a row by multinational professional services network PricewaterhouseCoopers (PwC).
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Local bourse shrugs global sentiment to close firmer
February 26, 2019--The JSE has bucked the trend in other global markets to close firmer, mainly on the back broad-based gains across the bourse's major indices.
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Rand's undeserved rally gives SA some breathing space
February 26, 2019--Hopes of a trade truce between China and the US and a more dovish Federal Reserve are giving the rand a boost-and President Cyril Ramaphosa some breathing space as he struggles to stabilise Eskom while curbing government debt levels.
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Ethiopia aims for stock exchange by 2020
February 26, 2019--Ethiopia has set itself a tight timetable for economic reform, including privatization of telecoms by the end of 2019 and a domestic stock exchange by 2020. A World Bank team was due to arrive in Addis Ababa in December to provide technical help to develop the capital market.
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JSE closes softer as miners struggle
February 25, 2019--The JSE got off to a lukewarm start for the week despite other global equity markets rallying on news that Donald Trump had postponed the date for increasing tariffs on Chinese imports.
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Markets WRAP: Rand closes at R13.84/$
February 25, 2019--This after TreasuryONE said in a morning note to clients that the rand opened firmer this morning as news that President Donald Trump had delayed the date for the imposition of new tariffs on Chinese imports buoyed markets.
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NSE partners with market stakeholders, launches Mutual Funds trading platform
February 22, 2019--The Nigerian Stock Exchange ("the Exchange" or "NSE") in conjunction with Fund Managers Association of Nigeria (FMAN); Association of Stockbroking Houses of Nigeria (ASHON) and The Central Securities Clearing System (CSCS) Plc has launched the NSE Mutual Fund Trading and Distribution Platform on February 22, 2019 at the NSE in Lagos.
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JSE eases as global sentiment remains tentative
February 21, 2019--The ongoing trade talks between the USA and China continue to dominate global market sentiment, and this was more evident today with the release of Manufacturing PMI data from key markets such as Germany, the Eurozone and the USA.
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TECHNICAL ANALYSIS: JSE Gold Index-important breakout
February 21, 2019--The JSE Gold index has broken out of an almost two-year sideways range and has a significantly higher target in place now.
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Markets WRAP: Rand closes at R14.14/$
February 19, 2019--TreasuryONE said earlier that the rand was likely to remain under pressure as all eyes turn to Finance Minister Tito Mboweni's Budget address tomorrow.
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Markets WRAP: Rand closes at R14.13/$
February 18, 2019--TreasuryONE said earlier that the rand was likely to remain under pressure this week with the lead up to the Budget speech on Wednesday.
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