Loading ...Johannesburg, July 6 (I-Net Bridge) – Weaker resource and precious metal counters and a poor start to Wall Street conspired together on Monday to ensure that the JSE and futures market closed in the red, while the rand remained range bound in late… »
Archive for July 6th, 2009
Monday’s SA Market Wrap
Monday, July 6th, 2009Obama in Moscow: A Ukrainian Expert Analyses The Prospects For Peace
Monday, July 6th, 2009Can the US President’s smile win over a sceptical nation? Yarik Turianskyi speaks exclusively to… »
Safe As Houses…Not!
Monday, July 6th, 2009Prices are still falling and there’s no near term sign of that trend reversing. ABSA’s Jacques du Toit reviews the latest homeowner… »
Business Confidence is on the up, but can it last?
Monday, July 6th, 2009The CEO of SACCI chats to Econocast about the risks to the nascent rising… »
MTN/Bharti Update
Monday, July 6th, 2009MTN/Bharti transaction still ongoing Johannesburg, Jul 6 (I-Net Bridge) - South African telecommunications group MTN (MTN) said on Monday that it was still in discussion with Bharti Airtel over a potential transaction…. »
US Stocks In Post-Holiday Slide
Monday, July 6th, 2009July 6 (Bloomberg) — U.S. stocks extended a global retreat, dragging the MSCI World Index lower for a third day, as concern that the economic recovery will stall sent commodity producers and industrial shares lower. Oil slid to a five-week low, while the dollar and two-year Treasuries advanced…. »
U.S. ISM Service Industries Index Increased to 47
Monday, July 6th, 2009July 6 (Bloomberg) — U.S. service industries from retailers to homebuilders contracted last month at the slowest pace in nine months, as measures of new orders and employment improved.
The Institute for Supply Management’s index of non- manufacturing businesses, which make up almost 90 percent of the economy, rose to 47 — higher than forecast… »
Period of instability looming for SA mines: union
Monday, July 6th, 2009The trade union Solidarity warned on Monday that a period of instability lies ahead for the South African mining industry.
This follows an announcement by the ANC that the nationalisation of South Africa’s mines has to be debated again. This statement comes after Cosatu, the ANC Youth League and the Young Communist League (YCL)… »
The JSE Midday
Monday, July 6th, 2009Johannesburg, Jul 6 (I-Net Bridge) - Commodity stocks continued to lead the downside as South African stocks extended losses by noon on Monday and investors took money off the… »
Rand Breaks 8.00
Monday, July 6th, 2009Johannesburg, Jul 6 (I-Net Bridge) – The South African rand lost ground against the dollar and euro in midday trade on Monday, mainly as a result of risk aversion.
At 11:45 the rand was bid at 8.0258 to the dollar from its Friday night close of 7.9100. It was bid at 11.1695… »
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