May 2024

Financial News 27th May 2024

South Africa’s Rand: Stability Amid Election UncertaintySouth Africa’s rand remained relatively stable early Monday as the nation faces a critical week. Highlighted by the national election and an interest rate decision, the period is set to reveal important economic data. The rand traded close to its previous levels, reflecting cautious market sentiment. Read the full […]

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Financial News 20th May 2024

Market overviewThe FTSE/JSE All Share closed last week at 79 530.63, increasing by 1.41%. The consumer discretionary and technology sectors were the biggest contributors, increasing by 3.75% and 3.68% respectively during the week. The telecommunication and health care sectors were the biggest detractors, decreasing by 5.39% and 0.39% during the same period. Looking at the MSCI

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Financial News 13th May 2024

Rand starts the week on a stronger footingThe rand started the week on a stronger footing against the dollar as the markets are still focused on the possibility of a US Federal Reserve rate cut later this year. Read the full IOL Business article here> Rate Cut Expectations Continue to Boost Global MarketsThe FTSE/JSE All

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