South African equity market

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

Posted on by The Editorial Team
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,…

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

Posted on by The Editorial Team
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…

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