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Nigeria: Nigerian Equities Close Higher Despite Sell Pressure
June 9, 2014--{This Day]Investors in the Nigerian equities again smiled home last week as the market sustained its positive run despite the huge sell pressure fuelled by profit-taking.
Activities were mixed during the week despite bargain hunters drive to take advantage of stocks with upside potential but currently trading below their value.
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Source: AllAfrica.com
JSE hits record high, tracks global markets
June 9, 2014--South Africa's main stock indices have notched up record highs,
taking their cue from an upbeat tone in major overseas markets.
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Source: FIN24
Rand recovery stalls
June 9, 2014--The rand has weakened against the dollar as domestic output data and credit ratings announcements later
this week are keeping investors on edge.
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Source: FIN24
JSE falls from record high
June 6, 2014--South African stocks briefly hit a record high but finished the session lower as global spot
bullion prices pulled local gold producers lower.
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Source: FIN24
Rand vulnerable, could weaken on ratings
June 6, 2014--The rand was largely stable against the dollar as growing concerns about the health of SA's
economy offset boosts from a risk-positive global environment.
Source: FIN24
JSE benefits from European stimulus
June 5, 2014--South African share prices have edged slightly higher as a European Central Bank decision to cut
rates buoyed local gold stocks.
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Source: FIN24
Rand holds steady against dollar
June 5, 2014--The rand has held steady against the dollar as investors
expected the European Central Bank to ease policy to try to boost the European region's economy.
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Source: FIN24
JSE climbs, market watches platinum talks
June 4, 2014--South African shares barely closed in the black as investors
awaited the outcome of the latest round of negotiations to end the country's longest-running platinum sector strike.
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Source: FIN24
JSE edges up as platinum shares rise
June 3, 2014--South African stocks have climbed up for a second straight day with platinum firms rising as a deal to
end a pay strike seems to be on the cards.
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Source: FIN24
Rand near two-month low as economy weakens
June 3, 2014--The rand is still struggling against the dollar after falling to two-month lows overnight,
with SA's weak economic fundamentals denting investor appetite.
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Source: FIN24
