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Recession fears spook rand
May 28, 2014-The rand has extended losses, breaching the key R10.50/$ support level as
investors digested signals that the SA economy is heading for a recession.
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Source: FIN24
JSE shrugs off poor growth figures
May 27, 2014--Share prices on the JSE have not reacted much to the poor growth figures
with the All-share index trading in a close band of about 100 points.
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Source: FIN24
Rand weakens after weak GDP data
May 27, 2014--The rand has fallen against the dollar to its softest level in nearly a week
after the release of data showing the economy shrunk in the first quarter of the year.
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Source: FIN24
JSE makes mild gains as ministers sworn in
May 26, 2014--Markets have taken the appointment of President Jacob Zuma's new cabinet in stride
with the new Finance Minister Nhlanhla Nene seen as a safe pair of hands.
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Source: FIN24
Rand softer as market digests new cabinet
May 26. 2014--The rand has weakened slightly against the dollar as the market digested
President Jacob Zuma's new cabinet.
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Source: FIN24
JSE inches to record highs in cautious trade
May 23, 2014--South African stocks hit a record high for the second straight day
but gains were limited as investors cashed in recent advancers.
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Source: FIN24
Rand steady, likely to be range bound
May 23, 2014--The rand has held steady against the dollar
lacking momentum to break through a key resistance area at the R10.30 level after a rally in the previous session.
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Source: FIN24
All-share hits 50 000 as SABMiller rises
May 22, 2014-South Africa's main indices marked lifetime highs
with the broad All-share index hitting 50 000 for the first time in its history.
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Source: FIN24
Rand steady before rates announcement
May 22, 2014--The rand has been steady as the market awaits the SA Reserve Bank's policy statement
when it is expected to keep rates unchanged while flagging inflation.
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Source: FIN24
Rand steady, focus back on Ukraine
May 21, 2014-The rand has been steady against the dollar, but could lose ground if the crisis in Ukraine fans a
fresh wave of global investor aversion.
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Source: FIN24
