South Africa Equity Markets | 21 Oct 2015: South Africa equity in Green despite gold miner and resources indices lower ….

Johannesburg, South Africa Capital Markets in Africa —Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) rose by 0.22 percent or 117.81 points to settle at 52,997.97 points and the benchmark JSE Top 40 index ended 184.25 points or 0.39 percent higher to end at 47,594,59 points.

From the sector indices, financial sector index grew by 0.09 percent or 39.13 points at 44,641.84 points. Industrial sector index and industrial 25 index rose by 0.41 percent to end at 78,891.83 points and added 0.53 percent to trade at 71,176.97 points respectively. However, the resource index declined by 0.59 percent or 203.58 points to settled at 34,401.10 points and the Gold mining sector index sagged by 3.34 percent with a closing level of 1,037.63 points.

Looking at the market strength/breath (measured as ratio of gainers to losers), the market recorded 91price gainers and 134 price losers, hence market strength/breathe closed in the negative sentiment.  Out of the top gainers was Renergen Limited, whose shares added 13.65 percent to end at ZAR 14.80 after investors exchanged 207 shares only. Putprop Limited surged by 12.96 percent after traded 7,427 shares, boosting the share price to ZAR 6.80. Stefanutti Stocks Holdings Limited climbed by 7.75 percent to end at ZAR 4.59 after investors traded 12,105 shares. Bell Equipment Limited grew by 6.10 percent to end at ZAR 8.70 after exchanged a total of 1,256 shares. Lonmin Plc climbed by 4.81 percent to end at ZAR 6.10 after trading 6,155,590 shares.

On the losers’ table Interwaste Holdings Limited whose shares fell to ZAR 1.20 after 248,345 shares were bought and sold, resulting in a fall of 6.98 percent. Illovo Sugar Limited plunged by 6.25 percent to close at ZAR 18.00, after 674,666 shares were traded. Cadiz Holdings Limited fell by 5.41 percent to trade at ZAR 1.75 a share after investors bought and sold 50,890 shares. Sibanye Gold Limited plummeted by 5.38 percent to trade at ZAR 22.00 after 1,943,684 stocks. After investors bought and sold 8,210 shares, Impala Platinum Holdings Limited sagged by 5.10 percent to trade at ZAR 42.65.

On the forex markets front, the South rand was weaker against US dollar at ZAR 13.5191 after giving up 1.77 percent and against British pound to trade at ZAR 20.8192 after dropping 1.60 percent. The rand also sagged by 1.68 percent against the Euro to close at ZAR 15.3304.

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