Standard Bank Rises as African Units Boost First-Half Profit

Standard Bank Rises as African Units Boost First-Half Profit

Johannesburg, South Africa, Capital Markets in Africa: Standard Bank Group Ltd. gained the most in more than a week after first-half profit from continuing operations at Africa’s largest lender by assets climbed, boosted by higher interest rates in its home market that boosted income, and as fees from the rest of the continent increased. The stock led advances among the biggest lenders on the six-member FTSE/JSE Africa Banks Index, rising 1.8 percent to 145.11 rand by 10…

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South Africa Equity Markets | 05 Nov 2015: JSE equity trading ends in red, key sectors in negative …

South Africa Equity Markets | 05 Nov 2015: JSE equity trading ends in red, key sectors in negative …

JOHANNESBURG, South Africa, Capital Markets in Africa — Negative sentiment ended today’s equity trading at the Johannesburg Stock Exchange (JSE). The Johannesburg Stock Exchange (JSE) All Share index sagged by 0.98 percent or 536.00 points to end at 54,073.01 points. The JSE Top 40 index also declined by 1.07 percent or 527.44 points to end at 48,553.57 points. From the sector perspectives, JSE financial sector index dipped by 1.10 percent to end at 45,408.54 points. Both Industrial and industrial 25 sector…

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South Africa Equity Markets | 04 Nov 2015: Positive momentum persists, Resource shares gain 3.65%, South Africa’s rand slips

South Africa Equity Markets | 04 Nov 2015: Positive momentum persists, Resource shares gain 3.65%, South Africa’s rand slips

Johannesburg, South Africa Capital Markets in Africa —The bullish momentum persisted at the equity trading session at the end of Wednesday’s trading session. The Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) gained 0.99percent or 532.94 points to settle at 54,609.01 points and the benchmark JSE Top 40 index ended 1.10 percent or 532.80 points higher to end at 49,081.01 points. The financial sector index jumped by 0.61 percent or 279.60 points…

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South Africa Equity Markets | 03 Nov 2015: Major and sector indices edge up, MTN Group gains 4.97%, financial sector index down

South Africa Equity Markets | 03 Nov 2015: Major and sector indices edge up, MTN Group gains 4.97%, financial sector index down

Johannesburg, South Africa Capital Markets in Africa —The Johannesburg Stock Exchange equity trading continued on a upward trend at the end of Tuesday’s trading session.  The Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) grew by 0.40 percent or 66.52 points to settle at 54,076.07 points and the benchmark JSE Top 40 index closed 0.41 percent or 196.69 points higher to end at 48,548.21 points. The financial sector index lost 0.32 percent…

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South Africa Equity Markets | 02 Nov 2015: South Africa equity edges up as financial shares rise, resources and gold miners down

South Africa Equity Markets | 02 Nov 2015: South Africa equity edges up as financial shares rise, resources and gold miners down

Johannesburg, South Africa Capital Markets in Africa —On Monday, the Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) advanced by 0.12 percent or 66.52 points to settle at 53,860.26 points and the benchmark JSE Top 40 index ended 32.07 points or 0.07 percent higher to end at 48,349.52 points. The financial sector index added 0.70 percent or 317.90 points at 45,781.25 points. Industrial sector index and industrial 25 index grew by 0.10 percent to end…

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South Africa Equity Markets | 27 Oct 2015: South Africa Equity ends in red, resource index 2.94% lower …

South Africa Equity Markets | 27 Oct 2015: South Africa Equity ends in red, resource index 2.94% lower …

Johannesburg, South Africa Capital Markets in Africa —On Tuesday, the Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) sagged by 0.70 percent or 380.41 points to settle at 53,770.29 points and the benchmark JSE Top 40 index ended 338.00 points or 0.70 percent lower to end at 48,231.26 points. The financial sector index lost 0.38 percent or 172.60 points at 45,506.35 points. Industrial sector index and industrial 25 index dipped by 0.64 percent to end…

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South Africa Equity Markets | 26 Oct 2015: JSE slips 0.27% stocks fall, Gold index 1.60% higher on Monday

South Africa Equity Markets | 26 Oct 2015: JSE slips 0.27% stocks fall, Gold index 1.60% higher on Monday

Johannesburg, South Africa Capital Markets in Africa —Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) fell by 0.27 percent or 147.71 points to settle at 54,150.70 points and the benchmark JSE Top 40 index ended 230.19 points or 0.47 percent lower to end at 48,569.26 points. Looking at the sector performance, financial sector index added 0.29 percent or 133.36 points at 45,678.95 points. Industrial sector index and industrial 25 index dropped 0.38 percent to end…

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