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Rand slips against the greenback
March 17, 2014--The rand has weakened slightly against the dollar as the market awaited key local data releases and the US Federal Reserve policy meeting.
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Source: FIN24
NSE Lists VG 30 Exchange Traded Fund
March 16, 2014--Vetiva Fund Managers Ltd,,a wholly owned subsidiary of Vetiva listed the first equity-backed Exchange Traded Fund, Vetiva Griffin 30 Exchange Traded Fund (VG 30 ETF) on The Nigerian Stock Exchange (NSE) on Friday, March 14, 2014.
The VG 30 ETF is an open-ended fund that tracks the performance of constituent companies of the NSE 30 index and replicate the price and yield performance of the index.
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Source: Nigerian Stock Exchange
JSE slides, Naspers leads decliners
March 14, 2014--South African stocks have weakened with Naspers falling the most
tracking a decline in shares of its Chinese money spinner Tencent.
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Source: FIN24
Rand firmer against the greenback
March 14, 2014--The rand has been slightly firmer against the dollar but
soon could face risks from inflation and retail sales data.
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Source: FIN24
Euro, manufacturing data boost rand
March 13, 2014--The rand has firmed against the dollar, helped by a stronger euro and better-than-expected
domestic manufacturing output data.read more
Source: FIN24
New range of equity ETNs list on the JSE
BNP Paribas brings its Guru methodology to local investors.
March 13, 2014--French global banking group BNP Paribas entered the local exchange-traded product (ETP) space on Wednesday by listing four new exchange-traded notes (ETNs) on the JSE. It becomes the sixth issuer of this type of product in South Africa.
The four ETNs listed by the bank all provide exposure to equities in international markets. They are the Guru US ETN, Guru Europe ETN, Guru Asia ETN, and the Guru Equity World ETN, all four of which mirror the holdings of mutual funds already managed by BNP Paribas in Europe.
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Source: MoneyWeb
Rand falls to two-week low
March 12, 2014--The rand has dropped to its weakest in a fortnight against the dollar
hit as emerging market currencies came under pressure because of growth concerns in China.view more
Source: FIN24
JSE gives up early gains
March 11, 2014--Broad-based bargain hunting has given the JSE a solid start, but by lunch time the momentum was lost and most indices were marginally down.
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Source: FIN24
Rand, government bonds stable
March 11, 2014--The rand has been steady against the dollar and is likely to trade range-bound in the absence of market-moving data.
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Source: FIN24
JSE lower on China slowdown fears
March 10, 2014--South African stocks have fallen as lower than expected Chinese trade data rattled investors and raised concerns about slowing demand for commodities.
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Source: FIN24
