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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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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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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Food and Beverages Data Will boost the JSE Today

By Vivian Atud Johannesburg- Sunburst Africa–The food and beverages sector represent a key part of the South African economy. This is because it is a sector involved in basic needs of SA consumers-food and drinks. Consumption of food and drinks increases with consumer income. Consumers generally spend more during festive holidays on food and beverages as SA consumers have more disposable income […]

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 The pressure on the JSE expected to continue today

By, editor– Sunburst Africa What? Johannesburg—Sunburst Africa— Stocks on the JSE closed in the negatve territory yesterday after trading in the red all day. The all share index closed 2,08 percent in the negative territory. Top lossers on the market included Sasol, InvPLC, Assore, Naspers, and Imperial. Yesterday, the spot price of Brent crude fell to lows of $65 a […]

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The JSE Closed 2.11 percent Down Yesterday

Johannesburg- Sunburst Africa –Trade on the JSE closed in the negative territory yesterday following a decline in mining stocks as oil continue to slide. The biggest losers of the day included: Sasol, MTN Group, Shoprit, Exxaro, and Assore. Vodacom, Imperial and Anglogold topped the list of top gainers. The market closed down 2.11 percent yesterday extending loses from last week. […]

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Surprise market Turnaround as China cuts rates on Friday November 21st

What? If you are a gambler you might have gone for a bet that the JSE would close in negative territory last week Friday. This was in line with the continuous weakness of the market for four consecutive days last week and the lack of exciting news either globally or locally. That changed on Friday when China took the surprise […]

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Markets Made Easy Workshop Series

Only R499 per course If you are a SunburstPremium Member get a R200 discount per seat when you book your next course. Save R100per seat when you book for 2 or more attendees at any course. What’s Included Half-day presentation Light refreshments on arrival and at tea Course notes will be provided on the day R500 discount off your Stock Exchange Course enrolment Directions and details […]

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