Company Blog
& Insights

Search Our Blog

Follow Us

Daily Solutions – 22 May 2017

By Investment Solutions on May 22, 2017 in In the news Industry Updates Market and Economic Commentary Performance

JOHANNESBURG – The JSE closed higher on Friday in renewed global risk-on sentiment as markets took the view that the pullbacks earlier in the week may have been overdone. At comfortably above the 54,000-point level, the all share closed at its highest so far this year as industrials gained on the weaker rand and miners rebounded on firmer commodity prices in an about-turn from Thursday’s risk-off trade.

Continue Reading

Daily Solutions – 19 May 2017

By Investment Solutions on May 19, 2017 in In the news Industry Updates Market and Economic Commentary Performance

JOHANNESBURG – The JSE closed firmer in a day of volatile trade following a sharp fall in the rand which supported rand hedges, as retailers and banks retreated in risk-off trade. Platinums were sharply weaker on a lower metal price.

Continue Reading

Daily Solutions – 18 May 2017

By Investment Solutions on May 18, 2017 in In the news Industry Updates Market and Economic Commentary Performance

JOHANNESBURG – The JSE closed flat on Wednesday as banks and retailers were sold off in risk-off trade, with Naspers and gold stocks rising in erratic trade. Focus was on market heavyweight Naspers after its Chinese internet investment Tencent, of which it owns 34%, reported strong results with first-quarter profit jumping 58% to $2.1bn year on year.

Continue Reading

Daily Solutions – 17 May 2017

By Investment Solutions on May 17, 2017 in In the news Industry Updates Market and Economic Commentary Performance

JOHANNESBURG – The JSE closed flat for the third successive session on Tuesday as a weaker performance from Naspers was offset by stronger banking shares with Vodacom being another star performer. Naspers ended the day 2.20% lower at R2,670 after a sterling performance last week.

Continue Reading