South Africa Equity Market | 31 Aug 2015: Johannesburg Stock Exchange All Share marginally grew by 0.01%

Johannesburg, South Africa (Capital Markets in Africa) —On Monday Johannesburg Stock Exchange (JSE) All Share escaped negative zone by marginally rose by 0.01 percent or 5.53 points to settle at 49,972.33 points but  the JSE Top 40 index could not by slightly fell by 33.63 points or 0.08 percent to end at 44,350.11 points.

From the sector perspectives, financial sector index sagged by 0.14 percent or 59.47 points at 43,803.34 points. Whereas both Industrial sector index and industrial 25 index soared by 0.20 percent to close at 72,055.73 points and 0.22 percent to settle at 64,191.25 points respectively. The resource index plunged by 0.67 percent or 241.91 points to closed at 35,833.34 points but the Gold mining sector index gained 1.58 percent with a closing level of 984.02 points.

Looking at the market strength/breath (measured as ratio of gainers to losers), the market recorded 175 price ups, 167 price downs and 82 price stables, hence market strength/breathe ended negative.  Amongst the top price gainers was Aquarius Platinum Limited, whose shares surged by 9.55 percent to end at ZAR 1.95 after investors exchanged 322,334 shares. Argent Industrial Limited rose 8.96 percent after traded 194,928 shares, boosting the share price to ZAR 4.38. Sephaku Holdings Limited also jumped by 7.35 percent to end at ZAR 7.30 after investors traded 165,730 shares. Goliath Gold Mining Limited soared by 7.14 percent to ZAR 1.50 after exchanged a total of 29,634 shares. Huge Group Limited advanced by 6.76 percent to end at ZAR 3.95 after trading 66,159 shares.

Arcelormittal Sa Limited whose shares slid to ZAR 9.96 after 1,956,397 shares were bought and sold, resulting in a fall of 14.94 percent. Silverbridge Holdings Limited slumped by 11.06 percent to end at ZAR 1.77, after 24,390 shares were traded. Diamondcorp Plc sagged by 8.97 percent to conclude at ZAR 2.03 a share after investors bought and sold 4,037 shares. Hospitality Prop Fund B also plunged by 7.46 percent to conclude at ZAR 3.10 after 427,917 deals. After investors bought and sold 106,035 shares, Trustco Group Holdings Limited decreased by 6.67 percent to trade at ZAR 3.50.

On the forex markets front, the South rand was weaker against US dollar at ZAR 13.2450 by falling by 0.47 percent and against British pound to trade at ZAR 20.3005 after losing 0.68 percent. The rand also rose by 0.02 percent against the Euro to close at ZAR 14.8749.

Leave a Comment