Friday, September 21, 2018
TOKYO - A rebound in battered Chinese stock markets on Monday helped lift Asian equities, which also drew support from earnings-led gains on Wall Street in a welcome relief for investors grappling with an intensifying Sino-U.S. trade conflict. Spreadbetters expected European stocks to open slightly higher, with Britain’s FTSE rising 0.1 percent,...
JOHANNESBURG - South Africa’s rand firmed early on Tuesday, gaining back some of the ground lost in the previous session after emerging markets were knocked by a retreat in risk demand as trade tensions between Washington and Beijing rose. At 0625 GMT, the rand traded at 13.3950 per dollar, 0.33 percent...
NEW YORK - U.S. government debt supply will likely continue to boom, but bond market investors seem to be taking it in stride. The Treasury Department is having to sell more debt to finance the government’s ballooning deficit, stemming from the massive federal tax overhaul in December and the spending...
JOHANNESBURG - South Africa’s rand was softer in early trade on Monday, with a range of headwinds seen keeping the currency on the backfoot. At 0635 GMT, the currency was 0.34 percent weaker against the dollar at 13.38/dlr. In a morning note, analysts at Nedbank said “a combination of local and external...
Enacy Mapakame HARARE - Agriculture implements group, Zimplow holdings Limited are considering a shareholder approval for a share buy back as it seeks to enhance strong returns for its shareholders. The share buyback scheme should enhance shareholder welfare, help in reduction in cost of capital, enhance earnings per share and the...
LONDON - World stocks drifted lower on Friday as the latest exchange of trade threats between the United States and China dampened risk appetite, while Italian bonds and shares in the country’s banks sold off on signs of renewed government tensions in Rome. The MSCI All-Country World Index, which tracks shares in...
JOHANNESBURG - South Africa’s rand extended losses against the dollar early on Friday, with markets gripped by worries over escalating trade tensions between the United States and China. At 0623 GMT, the rand traded at 13.5000 per dollar, 0.37 percent weaker than its overnight close. The currency on Thursday weakened by more than...
Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) see-sawed in the week to Wednesday as volatility increased ahead of Monday polls. The primary index, ZSE All Share Index closed the week 2,74 percent firmer to 115.03 level while the ZSE Top 10 index increased by 3,36 percent 119.82 level. On a year...
TOKYO - Brent crude led oil prices higher on Thursday, extending gains into a third day after Saudi Arabia suspended crude shipments through a strategic Red Sea shipping lane and as data showed U.S. inventories fell to a 3-1/2 year low. Brent crude futures had risen 42 cents, or 0.6 percent,...
JOHANNESBURG - The South African rand was steady firm early on Thursday, with sentiment towards the currency bolstered by events at a summit of BRICS nations. At 0630 the rand was trading at 13.1150 to the dollar, a slight retreat from its New York close of 13.1075. Producer Price Inflation data is...