South Africa Market Watch | 2 July 2015: South African equity sustains uptrend, All share index gains 0.63%

South Africa Market Watch | 2 July 2015: South African equity sustains uptrend, All share index gains 0.63%

Johannesburg, South Africa (Capital Markets in Africa) — South African equity markets maintained the bullish momentum. The Johannesburg Stock Exchange (JSE) All Share finished 0.63 percent or 327.43 points higher to close at 52,215.47 points. The JSE Top 40 index surged by  0.68 percent or 314.41 points to end at 46,627.77 points and JSE Financial sector index gained 0.49 percent at 43,856.95 points. Both Industrial sector index and industrial 25 index grew by 0.58 percent (to…

Read More

South Africa Market Watch | June 23rd 2015: South African equities up as Greece hopes improve sentiment

South Africa Market Watch | June 23rd 2015: South African equities up as Greece hopes improve sentiment

Johannesburg, South Africa (Capital Markets in Africa) — The South African equities rally maintained on Tuesday, amid of investor hopes on Greek debt crisis. With resource shares leading the Johannesburg Stock Exchange (JSE) upwards, the All Share index ended 0.77% higher on Tuesday with gains across the board. Equally, the Top 40 index which was 0.91% stronger on Monday added another 0.74% on Tuesday to trade at 46 934 points. The financial sector, which gained about 2% on Monday,…

Read More

South Africa Market Watch | June 22nd 2015: South African stocks edge higher on Greece hopes

South Africa Market Watch | June 22nd 2015: South African stocks edge higher on Greece hopes

Johannesburg, South Africa (Capital Markets in Africa) – Financial shares were the big winners on Monday on the  Johannesburg Stock Exchange (JSE) as the local market was lifted by a wave of optimism that Greece and its international creditors would strike a last-minute deal that will see the Greek government avert default. The Financial index has been under pressure lately despite being oversold. This is because any fallout over the Greek crisis will hit this…

Read More

South Africa Market Watch | June 19th 2015: South African stocks inch lower, Sasol under pressure

South Africa Market Watch | June 19th 2015: South African stocks inch lower, Sasol under pressure

 Johannesburg, South Africa  (Capital Markets in Africa) – South African stocks ended a touch lower on Friday with Sasol among the biggest decliners as the price of crude oil slipped towards $63 a barrel. Sasol, which makes fuel from coal and gas but sells it at the same price as companies that import and refine crude oil, dropped 1.48 percent to 427.19 rand. Overall, traders refrained from making any large bets, juggling the ramifications of…

Read More

South Africa, Kenya, Nigeria Plan More ETF Cross-Listings

South Africa, Kenya, Nigeria Plan More ETF Cross-Listings

Lagos, Nigeria (Capital Markets in Africa):- South Africa, Nigeria and Kenya are planning to cross-list more exchange-traded funds on their stock markets to boost liquidity of the securities, according to the Johannesburg Stock Exchange. “We reached out to East Africa and West Africa,” Tamsin Freemantle, business development manager of the South African bourse, said in an interview May 14 in the Kenyan capital, Nairobi. The JSE is “working closely with those markets to develop this cross…

Read More
1 11 12 13