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South African stocks slip, SABMiller weighs on index JOHANNESBURG: South African shares slipped on Tuesday driven by index heavyweight SABMiller , which is expected to report a slight drop in full-year earnings this week.Analysts polled by Reuters expect the brewer, which has a primary listing in London, to post a 0.9 percent decline in earnings per share on Wednesday. Its shares were down 1.4 percent.Talks between debt-strapped Greece and its creditors also kept investors around the globe cautious. Greece managed a last-gasp 750 million euros ($839 million) payment to the International Monetary Fund but jitters across markets remained."If your major trading partner is going through tumultuous times, you have problems. We are very dependent on ... European numbers being stable," said Bernhard Grobler, head of stock broking at Investec.The JSE Top-40 index closed down 0.5 percent at 47,869 and the broader All-share index lost 0.4 percent to 53,934.Other Johannesburg decliners were financial companies Discovery and Old Mutual, which ...

South African stocks rise slightly, supported by mining firms JOHANNESBURG: South African stocks edged slightly higher on Monday led by mining companies such as Anglo American after a Chinese rate cut underpinned resource firms.Anglo American was the biggest bluechip gainer after adding more than 3.3 percent, while diversified miner BHP Billiton rose 3 percent.China cut interest rates for the third time in six months on Sunday in a bid to lower companies' borrowing costs and stoke a sputtering economy that is headed for its ...
South African stocks end higher, Harmony rises JOHANNESBURG: South African stocks rose on Friday, breaking three sessions of declines with Harmony Gold among the top gainers after the miner narrowed its quarterly loss. The bullion producer climbed 2.6 percent to 21 rand as third quarter loss halved thanks to favourable exchange rate and cost cuts. The benchmark Top-40 index was up 1.1 percent to 47,716 and the broader All-share index rose 1.04 percent to 53,790. World bond and stocks markets climbed after ...
South African stocks slide, Gold Fields books biggest drop in 7 years JOHANNESBURG: South African shares slid for a third straight day on Thursday, with Gold Fields booking its biggest one-day drop in seven years after reporting a quarterly loss.Gold Fields topped the decliners' list after Africa's biggest gold miner swung into a $13 million rand loss in the quarter ending in March.The stock plunged 13.1 percent to 44.28 rand, its biggest daily percentage decline since 2008.Michael Treherne, a fund manager at Vestact, said the rout appeared ...
Saudi slips as Yemen urges ground intervention; Egypt up DUBAI: Saudi Arabia's stock market edged down in early trade on Thursday after Yemen's government called for military intervention on the ground, a move that could further escalate the conflict in which Riyadh plays a leading role.Yemen urged the international community "to quickly intervene by land forces to save" the country, specifically in the cities of Aden and Taiz, according to a letter sent to the United Nations Security Council on Wednesday. Saudi Arabia's index ...
South African stocks book biggest drop in 6 weeks, track global markets JOHANNESBURG: South Africa's main stock index booked its biggest daily percentage decline in more than a month on Wednesday, tracking global markets as anxiety from a sell-off in global government bonds spread to equities.U.S and European bonds were sold off due to a stand-off between Greece and its lenders as well as worse than expected U.S private jobs data.That led to sell-off in gold and platinum but was not enough to drag down Brent crude ...
South African stocks end mostly flat, Reunert rises JOHANNESBURG: South African stocks were largely flat on Tuesday but Reunert was among the biggest gainers after the electronics firm gave an upbeat profit forecast.Reunert said its first-half profit would rise by up to 28 percent, helped by proceeds from the sale of a mobile phone unit last year.Shares in the company jumped 5.9 percent to 65 rand, their biggest daily percentage gain in more than two years.One analyst, who declined to be named, said ...

 



 
Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln