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JSE ends higher on US data

The JSE ended on a higher note on Thursday, shored up by positive US job data and the weakening dollar, which boosted resources shares.

Die beurs het Donderdag hoër gesluit en is opgedruk deur positiewe werkloosheidsdata uit die VSA en ‘n swakker dollar.

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PPI climbs to 9.4%

The Producer Price Index (PPI) rose to 9.4 percent in June, 2.6 percent higher than the 6.8 percent recorded in May, according to Statistics South Africa (Stats SA).

Produksieprysinflasie het gestyg tot 9.4% in Junie; 2.6% hoër as in Mei sê Statistiek Suid-Afrika.

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Rand remains above R7.30 to the dollar

The rand remained above 7.30 against the greenback in early trade on Thursday, as the currency consolidated around that key level.

Die rand bly bo die R7.30 vlak teen die dollar en handelaars sê dit lyk of die geldeenheid ‘n tydjie daar gaan bly.

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Strong euro keeps rand steady

The rand remained steady in afternoon trade on Thursday hovering around the 7.30 level against the greenback, tracking a strong euro.

Die rand is standvastig teen die dollar vanmiddag en volg die beweging van die sterker euro.

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JSE falls back in line with global markets

The JSE pulled back on Wednesday, giving up earlier gains as global markets dictated direction and US economic data took centre stage.

Aandele op die Johannesburgse Effektebeurs het teruggeval Woensdag, met internasionale markte wat weereens die rigting aangewys het.

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JSE up at noon, but volumes are low

The JSE rose at noon on Thursday in line with global markets, but light volumes indicate that investors are cautious ahead of the release of US weekly jobless claims later today.

Die beurs volg internasionale markte hoër vanmiddag, maar die volumes van aandele wat verhandel word is laag.

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Rand range bound in afternoon trade

The rand was range bound in afternoon trade on Wednesday tracking euro movement.

Die rand volg steeds die euro se wisseling teen die dollar vanmiddag en verhandel naby aan gister se sluitingsvlakke.

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Rand improves further against the dollar

A firm rand gained further momentum by midday,testing a key technical level of 7.27 versus the dollar, having broken through the psychological barrier of 7.30 against the greenback.

Die rand versterk steeds teen die dollar en het voor middagete deur die R7.30 vlak teen die Amerikaanse geldeenheid gebreek.

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CPI drop is more than expected

The Consumer Price Index (CPI) in June slowed to 4.2 percent, Statistics South Africa (Stats SA) says.

Verbruikersprysinflasie vir Junie was 4.2%, 0.4% laer as aan die einde van Mei.

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JSE slightly up in early trade

The JSE was up a fraction at its opening on Thursday tracking US futures ahead of weekly jobless claims out later in the United States.

Aandele in Johannesburg verhandel effens hoër vanoggend en word gehelp deur ‘n opwaartse beweging in die VSA.

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JSE flat at midday

The JSE was flat in midday trade, surrendering its opening gains as the FTSE, and US futures, drifted into negative territory.

Die beurs het teruggeval voor middagete na markte in London en New York laer beweeg het.

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