Stocks South Africa Latest Information

Stocks South Africa Latest Information

S.Africa stocks up as nationalisation fears recede
JOHANNESBURG (Reuters) - South African stocks rose for the first time in three sessions on Wednesday, with resources firms such as Anglo American advancing after a study submitted to the ruling ANC rejected nationalisation of mines. Local sentiment was also helped by expectations of a second Greek bailout deal, which buoyed riskier assets such as equities around the globe. ...

S.Africa stocks slide, ArcelorMittal unit falls
JOHANNESBURG (Reuters) - South African stocks slid for the second straight session on Tuesday, with ArcelorMittal's local unit losing ground after reporting a full-year loss and nagging worries over Greek debt prompting investors to cash in some recent gainers. "I think people have been trying to short this market and getting burned over the past couple of weeks. It just hasn't come down. I ...

South Africa stocks book new record close
JOHANNESBURG (Reuters) - South African stocks booked their eighth record close on Thursday, boosted by positive U.S. data and led by banks and miners such as Anglo American. The All-Share recorded its highest close after rising 0.68 percent to 34,371.50, touching a record 34,460.57 earlier in the session. The benchmark Top-40 added 0.69 percent to 30,728.25, its highest since May 2008. "There's ...

South Africa Corn Export Push May Exhaust Stocks: Commodities
A government-backed plan to export a record corn surplus may leave South African silos drained of the country’s staple food by the end of April.

South Africa stocks slip as Fitch cuts outlook
JOHANNESBURG (Reuters) - South African stocks retreated on Friday after the Fitch rating agency cut the country's outlook to negative from stable, while weaker global markets also dampened sentiment. Fitch said it downgraded the outlook for Africa's biggest economy because it had seen limited progress on several long-standing structural issues, including unemployment, that have caused the ...

South Africa Says 2012 Is Peak For Energy Shortage Risks
South Africa's state-owned utility, Eskom Holdings Ltd., said Monday that 2012 will be the peak for the gap between supply and demand.

South Africa stocks snap three-day winning run
JOHANNESBURG (Reuters) - South African stocks pulled back from a four-week high on Wednesday and ended a three-day winning streak on renewed worries about euro zone debt crisis, but the benchmark index remained within range of its lifetime high. The benchmark JSE Top-40 blue-chip index was down 0.7 percent at 29,276.38, not far from its 30,197.81 record high hit almost a year ago. The broader ...

S.Africa stocks post fifth straight record close
JOHANNESBURG (Reuters) - South Africa's broad All-share index posted its fifth straight record closing high on Monday, with miners buoyed by higher metal prices, but charts suggest the index has limited room to climb higher. The All-share index, the widest measure of the bourse's performance, added 0.7 percent to 33,940.48, a record closing high, after earlier setting a lifetime high of 33,949 ...

S.Africa maize stocks fall to 3.326 mln T at end of Dec
JOHANNESBURG (Reuters) - South Africa's maize stocks fell to 3.326 million tonnes at the end of December compared with a revised 4.133 million tonnes at the end of November, data showed on Thursday. The stocks included 2.239 million tonnes of white maize and 1.087 million tonnes of yellow, the South African Grain Information Service (SAGIS) said in its monthly bulletin. It said total exports ...

S.Africa stocks hit record high for second day
JOHANNESBURG (Reuters) - South Africa's All-share index hit a record high for the second straight day on Wednesday, edging up 0.4 percent as investors continued to up their stakes in miners Lonmin and other heavyweights after a lacklustre 2011. The All-share, the broadest measure of South African stock performance, hit 33,557.62, a record high, before paring some gains to 33,512.64, up 0.3 ...

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