Oil falls as inventories rise for seventh week

Brent slips to $56.10 after data show increase in US crude inventories, indicating the market is still struggling to ease oversupply

2 hours ago
JSE opens weaker as resources take a breather

Momentum SP Reid analysts says support for the rand and an inconsistent tone on Asian markets is likely to lead to ‘selling pressure for domestic assets’

3 hours ago
Rand slightly softer after hitting best level in more than 18 months

Rand Merchant Bank analyst John Cairns says the local currency initially ‘liked the budget’ but the unusually large moves on Thursday were due to global issues

4 hours ago
Bonds in stable range as rand strengthens

Rand Merchant Bank analyst Gordon Kerr says a local government-backed securities have not ‘come close to matching the performance of the currency’

4 hours ago
Gold steady near three-and-a-half-month high

Metal is hardly changed at $1,249.37 amid the tempered expectation of a US rate hike in March and as investors await clarity on Donald Trump’s economic policy

5 hours ago
Asian stocks slip from one-and-a-half-year highs

Equities in Asia take a breather amid sudden falls in copper and other commodity prices while investors assess Washington’s stance on tax and currency policies

5 hours ago
Oil slips as stockpiles rise for seventh consecutive week

Brent falls to $56.46 after government data show growing stocks, although losses are muted as inventory growth was well below expectations

5 hours ago
JSE miners likely to fall with base metals on Friday

Copper falling 3%, sending BHP Billiton’s share price down 3.35% to A$24.98 in Sydney, augers badly for the JSE’s miners on Friday

7 hours ago
MARKET DATA: February 23 2017

Market data including bonds, unit trusts and fuel prices

8 hours ago
Gold hits three-month high as Fed dampens rate hike expectations

Investors were looking ahead to an address by US President Donald Trump to Congress on February 28

19 hours ago
Stocks set record highs, oil jumps on inventory drop

Equity markets around the world have advanced this year as traders bet on tax cuts

19 hours ago
Oil prices rise after report shows drop in US stocks

So far Opec appears to be sticking to its deal but other producers have increased output

19 hours ago
MARKET WRAP: JSE closes marginally higher as retailers jump

The market is still seeking direction on Wednesday’s budget but the all share closes slightly higher while platinums lose ground — and Massmart takes off

19 hours ago
Futures weaker as market seeks direction following budget

South African futures were weaker on Thursday as platinums dragged the JSE down, despite a firmer platinum price

20 hours ago
JSE closes firmer on stronger rand as platinums fall and food retailers jump

Trading for most of the day was largely out of step with global counterparts, with the JSE settling somewhat flat after an initial positive opening

20 hours ago
Rand impresses on sentiment from ‘decent’ budget

Meanwhile, producer price inflation for January decelerated to 5.9% year-on-year in January from 7.1% in December

20 hours ago