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141-150 results from 150 for query «financials»

22 April 2014 10:19 AM JSE plays catch up with global markets

The JSE opened higher on Tuesday morning‚ mainly driven by platinum after US markets closed firmer on Monday‚ with local counters shrugging off softer Asian markets on Tuesday morning. The Dow closed 0.25% on Monday with the S&P 500 gaining 0.38%. The US markets were up as investors focused on first-quarter earnings‚ some surprising marginally on the upside 23

14 April 2014 6:34 PM The Bank of Facebook would be hugely popular in South Africa

According to the Financial Times this morning, Facebook is “only weeks away” from establishing itself as a mobile money service in Europe, with an eye to taking on the likes of M-PESA in the developing world. The firm is apparently in talks with the Bank of Ireland to obtain authorisation to process transactions, and a source is quoted in the article 27

04 April 2014 8:42 AM Altron expects higher earnings

South African IT and electronics group Allied Electronics (Altron) has announced it is expecting higher earnings following the company’s successful acquisition of Altech minorities and division restructuring. HumanIPO reported earlier this year the Johannesburg Stock Exchange-listed (JSE) company had split its subsidiaries into Altron TMT (Telecommunications 26

24 March 2014 12:21 PM JSE follows international markets firmer

by Colleen Goko, 2014-03-24 14:21:24.0 THE JSE was firmer at midday on Monday, following European and Asian markets higher. The S&P 500 on Friday hit a new record, but closed 0.29% lower. Asian markets were up, despite China’s March HSBC flash purchasing managers’ index falling to 48.1, the lowest since July 2013 and below the consensus expectation 94

10 March 2014 5:36 PM JSE closes lower on Chinese growth concerns

JOHANNESBURG - The JSE closed weaker on Monday as concerns about Chinese growth and lower commodity prices weighed heavily on the market. Even Sasol’s sterling interim results could not buoy the markets. The negative sentiment spread from Kumba to the main mining houses. It then affected nearly all JSE sectors‚ with the exception of the gold index which 33

07 March 2014 4:53 PM JSE edges lower on profit-taking after reaching intraday high

JOHANNESBURG - The JSE edged slightly lower by the close on Friday as profit-taking kicked in and heavyweight miners like Anglo and BHP Billiton were sold off. The market had earlier reached a new intraday high‚ but many analysts are concerned the market’s valuation may be too high. The market traded higher before the crucial US non-farm payroll data was released 46

03 March 2014 9:02 AM JSE opens lower on Asian markets

JOHANNESBURG - The JSE opened lower on Monday morning as Asian markets were down in response to growing fear of an escalation of the Ukrainian crisis. Renewed weaker official purchasing managers index (PMI) data from China also dampened sentiment. Local PMI data for February is due for release later in the morning‚ with economists saying the forward-looking 42

30 January 2014 5:36 AM E-tolls: Sanral happy with compliance

January 30 2014 at 07:35am By Kennedy Mudzuli Despite reports and public perception to the contrary, the SA National Roads Agency says it is satisfied with the level of compliance with e-tolling, almost two months after the gantries went live. Sanral borrowed R20 billion to fund the Gauteng Freeway Improvement Project, which resulted in the introduction 32

08 January 2014 5:55 AM Industrial stocks 'no longer darlings' of SA bourse

Johannesburg - Large industrial stocks on the JSE‚ which have been “a market darling over the past few years”‚ have had a strong run and have now become expensive‚ some analysts say. The JSE’s index of the 25 largest industrial stocks -- which includes shares from other sectors including healthcare and retail -- has risen by about 88% over the past two years 38

24 November 2013 9:17 AM Firm linked to Zuma’s brother loses BEE certificate

November 24 2013 at 11:08am By CANDICE BAILEY Johannesburg - A company previously accused of using President Jacob Zuma’s younger brother as a front has had its BEE certificate withdrawn for allegedly misrepresenting itself in an application. And Muthelo-BEE, the company that issued the certificate to Midway Two Contractors, has had its accreditation 97