FIN 24 – Markets

FIN 24 – Markets

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’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24.com | JSE closes softer after flat session

The JSE closed softer on Friday as it lost momentum towards the close led by losses in the industrials and resources sectors.

Fin24.com | Stocks mixed as economic data disappoints

The JSE traded mostly flat on Thursday before it closed softer as stocks struggled for direction.

Fin24.com | Stocks softer global sentiment remains subdued

The rand came under pressure as a result of this data as it reached a session low of R15.00/$.

Fin24.com | Local stocks edge higher

The local bourse edged higher on Tuesday on the back of broad-based gains across all the major indices.

Fin24.com | Traders least bearish on rand in 13 years as Moody’s downgrade priced in

Most analysts may be predicting South Africa will lose its last investment-grade rating, but derivatives traders couldn't care less.

Fin24.com | Local stocks retreat as global pessimism spreads

The JSE fell on Monday as it tracked other global lower which were dragged by increasing violence in Hong Kong, as well as US-China trade concerns.

Fin24.com | Blue-chips drag JSE All-share Index lower

The JSE fell on Friday led by declines in certain blue-chip stocks which fell on the back weaker earnings and negative sentiment.

Fin24.com | ICBC Standard Bank plans to shut base metals, equities units

The changes will affect 150 jobs and will take place in the first half of 2020, according to a statement from the London-based lender.

Fin24.com | Local stocks softer as manufacturing data disappoints

The JSE retreated on Thursday as it went against the tide in other major global indices.

Fin24.com | JSE steams ahead despite mixed global sentiment

The JSE advanced for a third consecutive session as it closed firmer on the back of broad-based gains across all the major indices.

Fin24.com | Stocks on JSE maintain momentum

Local stocks remained buoyant, extending gains from the prior session where positive sentiment was driven by optimism of a trade deal between the US and China.

Fin24.com | JSE tracks global stocks higher

The JSE edged higher on Monday as it tracked other global markets higher, inspired by trade optimism.

Fin24.com | Rand rallies with bonds as SA dodges Moody's downgrade

The rand climbed and government bonds gained the most in 20 months after South Africa clung to its last investment-grade credit rating.

Fin24.com | Rand perks up after Moody's reprieve

SA clung to its last investment-grade credit rating.

Fin24.com | JSE firmer ahead of Moody’s ratings review

The JSE extended its gains on Friday led yet again by gains on the resources index.

Fin24.com | Gold shares rally as rand tanks after mid-term budget speech

The medium term budget speech appears to not have satisfied the expectations of the market as the rand softened and SA shares came under pressure.

Fin24.com | Gold stocks retreat as bullion remains depressed

Gold has been on the backfoot again on Tuesday to trade at $1 487, down $7 from Monday’s levels.

Fin24.com | Equities rally as US-Sino trade talks progress

Equity markets continued to rally on the back of US-Sino trade talks, which could see an easing of trade hostilities between the two largest economies in the world.

Fin24.com | US stocks gain on hopes for China trade deal

Wall Street stocks advanced following upbeat comments from US trade officials about China trade talks while investors digested mostly solid corporate earnings.

Fin24.com | Local stocks softer as index heavyweights struggle

Stocks declined on the Hang Seng with the biggest impact for the JSE being Tencent Holdings which has registered consecutive declines throughout this trading week

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