The slide from Ramaphoria to Ramaphobia is complete

The rand is back where it was when Zuma was in charge, and its woes are only partly the result of global factors, as Ramaphosa plays populist politics in the ...

5 hours ago
WATCH: Stock pick — AB InBev

Steven Schultz from Momentum talks to Business Day TV about Anheuser-Busch InBev, his stock pick of the day

6 hours ago
WATCH: Stock picks — Naspers and Nvidia

Wayne McCurrie from FNB Wealth and Investments talks to Business Day TV about Naspers and David Shapiro from Sasfin Securities discusses Nvidia

6 hours ago
Gold bounces away from 19-month trough

The metal pared heavy early losses that came in the midst of a broad commodity sell-off as short-covering and a softer dollar provided support

7 hours ago
Oil inches higher after China agrees to trade talks with the US

Brent recoups some of the previous day’s losses as traders react to Beijing saying it will send a delegation to Washington in an attempt to resolve the ...

7 hours ago
Asian shares rebound from 12-month lows, on news of US-China trade talks

The news also lifted the euro and yuan, but Turkey’s currency crisis and concern about a slowdown in Chinese economic growth kept equities under pressure

8 hours ago
Asia exerts downward pull, on busy day for JSE watchers

Results are due from Standard Bank, Truworths, Gold Fields and others, while Tencent’s fall in Hong Kong suggests Naspers investors may have overreacted ...

8 hours ago
How a ‘perfect storm’ pummeled the rand

Moody’s warning, Naspers’s slide, land expropriation without compensation and shock retail sales data contribute to the local currency’s fall

10 hours ago
Market data - August 15 2018

Market data including bonds, unit trusts and fuel prices

World stocks tumble, hitting emerging markets as the dollar rises

The dollar index hits a 13-month high, pressuring commodities; the Turkish lira extends its bounce but many early gains fizzle out, as China’s yuan falls

MARKET WRAP: JSE falls the most in two years as SA’s woes mount

Local bourse sees its worst one-day performance since June 2016 amid a spate of negative local news and renewed risk-off trade on global markets

Broad-based rout in JSE after Moody’s warning and Naspers’s slump

The rand has weakened 3% against the dollar on renewed risk-off sentiment, and the Dow has opened 1% lower amid retreating European markets

Oil falls on weaker economic outlook as US stocks rise

World trade volume growth peaked in January, and since then has nearly halved to less than 3% by May

Rand slips 3% as SA edges towards recession

A sharp fall in the Turkish lira and bad news domestically is weighing on the local currency, with the rand slipping towards R15 to the dollar

Gold sinks to more than 18-month low

The metal is under pressure as the dollar climbs towards its highest in more than a year amid concern about the global market contagion from Turkish crisis

Rand heads back towards R15 to the dollar

The rand weakened to as much as R14.72 just before noon, which suggests foreign selling of local stocks

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.