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Today's News

JSE off to a good start as ALSI futures hit year highs Mon, 22 May 2017 18:12:38 +0200

The JSE All-share index futures reached year-to-date highs of 48 520 points as the previous week's momentum carried the local index higher.


US stocks rise as oil advances, dollar weakens Mon, 22 May 2017 15:45:44 +0200

US stocks have advanced for a third day as crude pushed above $50 a barrel before OPEC meets this week.


Euro rebounds to six-month high, while dollar steadies Mon, 22 May 2017 13:36:59 +0200

The euro has climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel said the common currency was 'too weak.'


Oil extends gain toward $51 Mon, 22 May 2017 13:12:51 +0200

Oil has extended gains toward $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal.


Hong Kong stocks climb with oil prices Mon, 22 May 2017 12:58:04 +0200

Hong Kong stocks have jumped rising in line with a rally in oil prices fuelled by hopes of an extension to OPEC and Russia's output cut.


Industrial index hits new high on Naspers rally Mon, 22 May 2017 15:12:58 +0200

Naspers, by far the biggest share on the JSE, has surged ahead again, helping to pull the Industrial index to a new 52-week high.


Output bets spur oil, pound slips on Brexit fears Mon, 22 May 2017 12:14:11 +0200

Oil has advanced a fourth day in the build-up to OPEC’s gathering in Vienna, as speculation grows that production cuts will be extended into next year.


Rand recovers as panic over Trump eases Mon, 22 May 2017 11:32:07 +0200

The rand has recovered some of its losses of the last week as the panic of Donald Trump's presidency seemingly eased.


Pound falls as Brexit tensions rise Mon, 22 May 2017 11:07:11 +0200

The pound has fallen below $1.30 after the UK hardened its Brexit rhetoric and polls predicted a narrower-than-expected win for Prime Minister Theresa May.


European stocks steady after biggest weekly loss since Nov Mon, 22 May 2017 09:54:52 +0200

European stocks have been little changed, after posting their biggest weekly drop since November, as traders assessed the extent to which global growth can withstand political crises.


Iron ore stockpiles hit record in China Mon, 22 May 2017 09:07:53 +0200

The record heap of iron ore on China’s doorstep has just gotten even bigger, with the increase in holdings so far this year eclipsing the build up seen over all of 2016.


Retail stocks rally as JSE edges higher Fri, 19 May 2017 18:15:01 +0200

The JSE closed higher as international markets recovered losses sustained during the Trump panic.


Oil rises above $50 as OPEC members seen backing cuts Fri, 19 May 2017 15:01:51 +0200

Oil has risen above $50 a barrel in New York for the first time in three weeks on the expectation that OPEC will reaffirm efforts to drain a global glut.


Industrials edge higher on JSE as weak rand boosts heavyweights Fri, 19 May 2017 13:43:23 +0200

The Industrial index has reached a new 52-week high, but the resources sector did not share in the run as investors fret over low commodity prices and rising costs.


Stocks steady after volatile week, crude rises Fri, 19 May 2017 12:06:13 +0200

Global equities have showed signs of stabilising at the end of a turbulent week in which investors confronted political crises in Washington and Brazil.


Asian traders cautious after hefty sell-off as Trump woes linger Fri, 19 May 2017 11:25:57 +0200

Asian traders have been nervous as a pick-up in US stocks and positive data were offset by worries about a crisis in Donald Trump's presidency.


European stocks rebound from worst three-day drop since Jan Fri, 19 May 2017 10:24:45 +0200

European stocks have risen as investors assessed the extent of recent declines that dragged equities to a two-week low.


Stocks stabilise while caution remains amid crises Fri, 19 May 2017 09:16:28 +0200

Global equities have showed signs of stability while other assets indicated caution remains at the end of a turbulent week in which investors faced political crises.


Tokyo stocks slip by break, Takata surges on US deal Fri, 19 May 2017 07:55:57 +0200

Tokyo stocks have lost early gains to end the morning session lower, but auto parts giant Takata surged more than 20% in response to a legal settlement linked to its deadly airbag scandal.


Asian traders cautious after hefty sell-off as Trump woes linger Fri, 19 May 2017 07:39:12 +0200

Asian traders have headed into the weekend on a nervous note as a pick-up in US stocks and positive data were offset by fears surrounding crisis in the Trump presidency.


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