The JSE, which for the most part of the day dabbled in the green, ended 0.48% down at 65,849.75 points after most gold counters gave up their intraday gains. Anglogold ended only 1.81% higher after soaring 6% following the appointment of former BHP Group executive Alberto Calderon to its top job and on a firmer …
Markets Wrap: JSE turns south as miners lose shine despite gold breaching $1,800/oz Read More »
JSE-heavyweight Naspers and its subsidiary Prosus took a 6% hit in trading on Monday, dragging the JSE’s main index down 0.24%. Naspers (-6.07%) and Prosus (-5.96%), which owns almost 29% of Tencent, tracked losses in the Chinese internet giant after China widened its latest crackdown on the technology sector beyond Didi Global to include Full …
The JSE gained 0.46% on Thursday with platinum stocks shining on the back of a firmer platinum price and a bullish report from Bank of America. The US bank listed SA stocks among its most favoured in its analysis of equities from Eastern Europe, the Middle East and Africa (EEMEA), with Royal Bafokeng Platinum (+2.1%), …
Markets Wrap: Platinums prop up JSE as Bank of America bets on SA stocks Read More »
Investors piled into retail stocks, fuelling the JSE to close over 1% higher. Losers of the previous session, retails stocks turned top winners on the day, with Massmart (+6.53%) leading the pack. Mr Price and Truworths both surged more than 5%, while TFG added 4.36% and Pick n Pay 3.94%. Among the laggards were heavyweight …
Markets wrap: Strong run in retail stocks fuel JSE Read More »
The JSE ended in the red, with the JSE All Share and Top-40 indices down 0.61% and 0.53% respectively as the stricter Covid-19 lockdown regulations wreaked havoc among travel and leisure and retail stocks. JSE heavyweights Naspers (+1.74%), which broke a six-day losing streak, and British American Tobacco SA (+1.81%) helped curb the bleeding. …
Markets wrap: Naspers, Batsa curb JSE bleeding amid Covid selloff Read More »
