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• JSE stocks end higher
  South African stocks gained, pushing major indices back towards a record high set earlier this week. ||| Johannesburg - South African stocks gained on Thursday, pushing major indices back towards a record high set earlier this week as battered retailers extended a recovery to a third straight day. However, a strengthening rand hit exporters and downbeat econ […]
• Wheat slips to 3-week low
  South African wheat futures dropped for a fifth day to the lowest in more than three weeks. ||| Johannesburg - South African wheat futures dropped for a fifth day to the lowest in more than three weeks as the rand strengthened against the dollar, making imported grain cheaper.Wheat for delivery in March, the most active contract, decreased 0.6 percent to 3,5 […]
• Rand higher ahead of manufacturing data
  South Africa's rand was slightly firmer against the dollarbut continued to look vulnerable ahead of the release of manufacturing production figures later in the day. ||| Johannesburg - South Africa's rand was slightly firmer against the dollar on Thursday but continued to look vulnerable ahead of the release of manufacturing production figures late […]
• Maize falls to 9-month low
  South African corn futures fell to the lowest in nine months on speculation good rains will help boost output this season. ||| Johannesburg - South African corn futures fell to the lowest in nine months on speculation good rains will help boost output this season.White corn for delivery in March, the most active contract, declined 0.4 percent to 2,051 rand ( […]
• Rand set to firm agains the US dollar
  The South African rand is set to rise this year after losing almost 5 percent against the dollar in 2012. ||| Johannesburg - The South African rand is set to rise this year after losing almost 5 percent against the dollar in 2012, a Reuters poll showed on Wednesday. The poll of 33 analysts and strategists, taken this week, suggested the currency will follow […]
• Rand expected to firm
  The rand was steady against the dollar and looked set to test the 8.80 resistance level. ||| Johannesburg - The rand was steady against the dollar in early Wednesday trade and looked set to test the 8.80 resistance level should there be no negative headlines out of the euro zone in the session. At 08:50 SA time, the local currency was at 8.8340 to the dollar […]
• JSE stocks inch higher
  South African stocks ended a touch higher with retailers among the top gainers after an upbeat broker comment. ||| Johannesburg - South African stocks ended a touch higher on Tuesday with retailers among the top gainers after an upbeat broker comment, while a guarded recovery in major overseas equity markets added to the positive sentiment. However, mining s […]
• Rand gains as yields fall
  The rand strengthened and bonds gained, driving yields to two-week lows. ||| Johannesburg - The rand strengthened and bonds gained, driving yields to two-week lows, after South Africa’s mineral resources minister said the government hasn’t decided whether to raise mining taxes and won’t nationalize mines.South Africa’s currency advanced 0.4 percent to 8.8791 […]
• JSE stocks retreat from record high
  South African stocks ended barely changed as investors juggled better-than-expected earnings results by a major gold miner with valuation worries after two straight sessions of gains that pushed the market to record highs. ||| Johannesburg - South African stocks ended barely changed on Monday as investors juggled better-than-expected earnings results by a ma […]
• Maize falls to 8-month low
  South African corn futures fell to the lowest in more than eight months as the rand gained against the dollar on February 1. ||| Johannesburg - South African corn futures fell to the lowest in more than eight months as the rand gained against the dollar on February 1, reducing the cost of imports.White corn for delivery in March, the most active contract, dr […]