Tag Archives: markets

Why the JSE Closed 0.74 percent in positive territory yesterday

The Johannesburg Stock Exchange (JSE) closed 0.74 percent in positive territory yesterday after trading in positive territory for most of the day. This was mostly as a result due to renewed global optimism that a deal would soon be reached to avail the Greek crisis. The total volume traded for the day was R 18.4 billion. Top winners of the […]

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It is Time in the Market, Not Market Timing that matters

By Sunburst Staff We have taken a close look at various indices. We analysed the daily returns of the JSE-All Share Index, the Top-40 Index and other indices- this has helped us to show the relationship between time and returns. Our analysis has highlighted two main points: The relationship between an investing period and returns- looking at the JSE from […]

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Why the JSE closed lower last week Friday

By Sunburst Staff Trading on the JSE started high last week and closed weaker on Friday. This was after trading lower for most of the week. This was as markets responded to decision of the Reserve Bank statement released on Thursday in which interest rates were kept unchanged. According to the bank’s monetary policy committee (MPC), the deteriorating inflation outlook […]

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Sell-off on the JSE Continued Yesterday for a Second Consecutive Day

  Johannesburg—Sunburst Africa—The JSE All-Share Index closed 0.25 percent in negative territory on the JSE yesterday after trading lower on Tuesday June 19th. Among  top losers of the day were Kumba Iron Ore Ltd (JSE Code: KIO), down 5.8 percent,  Tiger Brands Ltd (JSE Code: TBS) down 4.5 percent,  MTN Group Ltd (JSE Code: MTN), Anglogold Ashanti Ltd (JSE Code: […]

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Will the Party Continue at EOH?

By Vivian Atud Introduction EOH is the largest ICT services provider in South Africa and is committed to providing the technology, knowledge, skills and organisational ability critical to Africa’s development and growth. EOH has been listed on the JSE Limited (JSE) since 1998 and since then has grown to 8000 staff members delivering services to customers across all major industries […]

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Who Determines Interest Rates?

By Vivian atud I get this question a ton – who determines interest rates in the economy, the markets or the South African Reserve Bank? In my view the answer. It shouldn’t be controversial that the SA Reserve Bank could, in theory, control the nominal rate of interest on South African government issued debt. As the monopoly supplier of reserves […]

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Global Market and Economic Update

Economy The ruble has recovered slightly, trading at 67.79 per dollar, after ending Monday’s session over 6% lower at 68.79. The plunge followed yesterday’s move by S&P to downgrade Russia’s sovereign rating to junk due to weak economic growth prospects, low oil prices and Western sanctions. Russian share indexes opened lower this morning, although the ruble-based MICEX is now up […]

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The JSE Closed in Positive Territory As ECB Announced Quantitative Easing Program

By Editor Sunburst Afrca Johannesburg—Sunburst Africa— After trading in positive territory for most of the day, the JSE All-Share Index closed 0.57 percent in positive territory following the announcement of the landmark Quantitative Easing (QE) program by the European Central Bank. Top winners of the day included Imperial up 4.2 percent, Mr. Price up 3.2 percent, Anglo up 2.8 percent, […]

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