By midday on Thursday, the JSE All Share had gained 0.84% led by stronger financial shares. The rand was trading at R9.95 to the US dollar, remaining steady for the moment though analysts expect the local currency to take a hit if mining and manufacturing data are weaker than forecast. Brent crude slipped 0.14% off a recent high to sell at $110.01, as investors took into account the arrest of the Libyan prime minister by militia. International markets Yesterday the Dow Jones gained 0.18%, the S&P 500 rose 0.06% and the Nasdaq fell 0.18% as investors had mixed reaction to efforts by the White House to meet with Congress leaders to seek an end to the budget deadlock. In Japan, the Nikkei ended 1.12% higher this morning as the yen continued to weaken, while in China the Shanghai index lost 0.94% led by falling brokerage shares. European markets had risen to their highest level in three weeks, after US policy makers appeared to be moving towards a solution to avoid debt default. The DAX had risen 1.16%, the CAC40 had gained 1.49%, and the FTSE 100 was 1.02% higher by noon SA time. Share price news Sappi (SAP) rose 3.82% to R28.55, after 424 deals exchanged 1,003,038 shares. Blue Label Telecoms (BLU) climbed 3.45% to R9 a share after investors traded 941,873 shares in 165 deals. After 5 deals exchanged 60,010 shares, Torre Industrial Holdings (TOR) fell 6.41% to R1.46. Calgro M3 Holdings (CGR) slid 2.29% after 82,282 shares were traded in 33 deals, leaving the share price down at R6.39 at noon.
Posted on: Thu, 10 Oct 2013 10:23:36 +0000
Trending Topics
Recently Viewed Topics
© 2015