U.K. stocks advanced as mining companies rebounded from the steepest retreat in four months and manufacturing unexpectedly expanded in October at the fastest pace in two years.
South Africa’s FTSE/JSE Africa All Share Index rose for a fourth day, adding 126.24, or 0.5 percent, to 26,182.65.
Afgri Ltd. (AFR SJ): The farm-products services company holds its annual general meeting. Afgri was unchanged at 5.50 rand.
AngloGold Ashanti Ltd. : Africa’s largest producer of the metal said it has fully funded a cash payment of about $76.9 million to former...
US industrial production rose by 0.7pct in August, well above forecasts centred on a 0.2pct gain. Capacity use rose from 69.9pct to 70.5pct. But consumer sentiment surprisingly fell from 73.5 to 69.4 in October.
US Treasury Secretary Timothy Geithner warned that the US must live within its means once the economy recovers to preserve the status of the US...
Mixed trading was witnessed among the major markets across Asia on Friday as traders preferred to lock in gains following recent rally while the underlying sentiment is buoyant on increased optimism about higher earnings from companies for the recently concluded quarter and the worst for the global economy is over. While the markets in Australia, Hong Kong, China, Singapore and South...
Brazil stocks closed lower Friday as the international investor outlook soured and government tax moves weighed on sentiment.
Brazil’s benchmark Ibovespa stock index ended 0.7% lower at 66,200 points on the Brazilian Stock Exchange, or Bovespa, slipping back from 16-month highs registered Thursday. Trading volume came in high at 6.7 billion Brazilian...
Dalian Commodity Exchange, China’s largest derivatives market, may introduce energy, coking coal and live-hog futures contracts to spur trading volume.
The bourse also aims to “be more than just agricultural or energy-oriented,” President Liu Xingqiang said in an Oct. 12 interview in Dalian.
South Africa’s FTSE/JSE Africa All Share Index fell for the first time in four days, sliding 177.53, or 0.7 percent, to 25,878.88 at 2:07 p.m. in Johannesburg.
The following are among the most active stocks in the South African market today.
Anglo American Plc (AGL SJ) fell 6.45 rand, or 2.4 percent, to 260.40 rand after Xstrata Plc dropped a proposed 29.6 billion-pound ($48...
Shares of coal mining companies fell Wednesday after an analyst downgraded the sector, predicting China’s demand has diminished as it has built an excess inventory of steel.
Macquarie Research analyst Curt Woodworth downgraded the coal industry sector to “Neutral” from “Overweight.”
