Trends - South African rand - Business Recorder

South African rand

South African rand gains sharply on Fed chair comments

The prospect of ongoing support by the central bank of the world's largest economy is positive for emerging markets like South Africa.
The rand traded at 14.5750 against the dollar, almost 0.8% firmer than its previous close.

Published 23 Feb, 2021 09:13pm

Markets

Currencies set to break seven-day winning streak; Chile's peso outperforms

Rising copper prices lift Chile's peso.
Citi books profit in South African rand.
Real, rand, Chilean peso most undervalued EM FX – Deutsche.
Oil prices dip; Mexican peso drops more than 1%.

Updated 16 Feb, 2021 09:56pm

Markets

Dollar weakens as market optimism lifts riskier currencies

The improved risk appetite was also reflected in equities, with European indexes rising after Japanese stocks surged to a more than 30-year high earlier in the day.
The dollar index slipped 0.1%, close to last week's low of 90.249 - a level unseen since Jan. 27.

Published 15 Feb, 2021 07:21pm

Markets

Carry trade appeal helps South African rand, stocks surge

The rand continues to dance to the global tune as 'risk off' and 'risk on' reactions vary on a regular basis.
This has been the tale of most Emerging Market (EM) currencies throughout 2020 and now 2021.

Published 01 Feb, 2021 08:56pm

Markets

South African rand softer as risk appetite wanes, stocks gain

Rand traded at 15.2900 versus the dollar, 0.43% weaker than its previous close.

Updated 18 Jan, 2021 11:09pm

Markets

South African rand steady as dollar edges higher, stocks slip

The rand traded at 15.2125 versus the US currency, not far off its previous close of 15.2200.
The benchmark FTSE/JSE all-share index ended down 0.1% to 63,475 points.

Published 13 Jan, 2021 09:12pm

Markets

South African rand hits two-month low, Naspers lifts stocks

The rand was at 15.5800 versus the dollar, 1.86% weaker than its previous close, and trading at its weakest since Nov. 13.
A stronger US Dollar and a worsening COVID-19 situation in South Africa could see a break above resistance toward the November swing high at 15.7357.

Published 11 Jan, 2021 09:52pm

Markets

South Africa's rand muted as investors eye COVID-19 council meeting

At 0625 GMT, the rand edged down 0.07% to 15.0000 against the dollar from an overnight close of 14.9900.

Published 06 Jan, 2021 12:09pm

Markets

South Africa's rand unchanged as US stimulus hopes counter stricter local lockdown

But the impact of a stricter lockdown in South Africa announced by President Cyril Ramaphosa is still to play out on the currency and the stock market locally.

Published 29 Dec, 2020 11:32am

Markets

South African rand weakens as economic concerns weigh, stocks stable

The rand has in recent weeks been supported by an uptick in global risk appetite, which has hurt the dollar.
South Africa suffered another round of downgrades recently, our house is not in order, and this will have more of a longer term impact on the rand

Published 26 Nov, 2020 10:49pm

Markets

South Africa's rand firms against weaker dollar as COVID-19 vaccine optimism dips

The rand traded at 15.5800 against the US dollar.
The rand is being buoyed by global sentiment, a combination of market uncertainty over vaccine roll-out and an expectation out of the Biden administration in the US.

Updated 13 Nov, 2020 08:51pm

Markets

South Africa rand falls after poor data, stocks rise

Statistics South Africa agency figures showed on Thursday that mining output fell 9.1% in July while manufacturing was down 10.6%.
South Africa's weakening economic fundamentals have dragged down the rand,

Published 10 Sep, 2020 09:02pm

Markets

South Africa's rand retreats before GDP data, stocks move up

The rand was around 0.93% weaker than its previous close at 16.7500 per dollar.
The single biggest threat to the ZAR over the longer term is the state of SA's fiscal position. It is unsustainable.

Published 07 Sep, 2020 09:20pm

Markets

South African rand firms on risk appetite, poor retail sales dent stocks

The rand was 0.08% firmer at 16.4000 per dollar at 1648 GMT, having reached 16.3450 earlier in the session, its best since June 10.
As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment.

Published 22 Jul, 2020 11:27pm

Markets

South African rand firmer as market awaits budget

White House trade adviser Peter Navarro said his comments that the trade deal with China was "over" were taken out of context.
Given how the emergency budget has little fiscal space to manoeuvre, Mboweni is walking on the tightest of ropes.

Published 23 Jun, 2020 09:21pm

Gainers
Losers
Leaders

Stock	Price
Premier Ins. / Mar 8 Premier Insurance Limited(PINL)	4.90 ▲ 0.70 (16.67%)
Bal. Glass / Mar 8 Balochistan Glass Limited(BGL)	9.11 ▲ 1.00 (12.33%)
Chashma / Mar 8 Chashma Sugar Mills Limited(CHAS)	75.25 ▲ 5.25 (7.50%)
Janana D Mal / Mar 8 Janana De Malucho Textile Mills Limited(JDMT)	116.27 ▲ 8.11 (7.50%)
Javedan Corp. / Mar 8 Javedan Corporation Limited(JVDC)	28.34 ▲ 1.97 (7.47%)
Ghani Global Hold. / Mar 8 Ghani Global Holdings Limited(GGL)	21.45 ▲ 1.49 (7.46%)
Redco Tex. / Mar 8 Redco Textiles Limited(REDCO)	7.50 ▲ 0.50 (7.14%)
Sindh Abadgar / Mar 8 Sindh Abadgar Sugar Mills Limited(SASML)	15.49 ▲ 0.99 (6.83%)
Jauharabad Sug. / Mar 8 Jauharabad Sugar Mills Limited(JSML)	21.94 ▲ 1.34 (6.50%)
Sapphire Tex. / Mar 8 Sapphire Textile Mills Limited(SAPT)	1046.00 ▲ 63.65 (6.48%)

Stock	Price
Dewan Tex. / Mar 8 Dewan Textile Mills Limited(DWTM)	1.63 ▲ -0.57 (-25.91%)
B. F. Mod. / Mar 8 B.F. Modaraba(BFMOD)	5.44 ▲ -1.00 (-15.53%)
Samin Textile / Mar 8 Samin Textiles Limited(SMTM)	7.00 ▲ -1.00 (-12.50%)
Universal Ins. / Mar 8 The Universal Insurance Company Limited(UVIC)	4.51 ▲ -0.64 (-12.43%)
KASB Mod. / Mar 8 KASB Modaraba(KASBM)	3.26 ▲ -0.39 (-10.68%)
Kohinoor Power / Mar 8 Kohinoor Power Company Limited(KOHP)	4.85 ▲ -0.55 (-10.19%)
First Credit & Inv. / Mar 8 First Credit and Investment Bank Limited(FCIBL)	8.98 ▲ -1.00 (-10.02%)
Bilal Fibres / Mar 8 Bilal Fibres Limited(BILF)	1.90 ▲ -0.19 (-9.09%)
First Punjab Mod. / Mar 8 First Punjab Modaraba(FPJM)	3.00 ▲ -0.30 (-9.09%)
B.R.R. Mod. / Mar 8 B.R.R. Guardian Modaraba(BRR)	12.30 ▲ -1.00 (-7.52%)

Stock	Volume
Azgard Nine / Mar 8 Azgard Nine Limited(ANL)	47,923,000 ▼ 0.00
Unity Foods / Mar 8 Unity Foods Limited(UNITY)	44,735,812 ▼ 0.00
TRG Pak. / Mar 8 TRG Pakistan Limited(TRG)	34,875,420 ▼ 0.00
Pakistan Refinery / Mar 8 Pakistan Refinery Limited(PRL)	20,764,000 ▼ 0.00
Byco Petr. / Mar 8 Byco Petroleum Pakistan Limited(BYCO)	19,754,000 ▼ 0.00
Ghani Global Hold. / Mar 8 Ghani Global Holdings Limited(GGL)	17,440,500 ▼ 0.00
Telecard / Mar 8 Telecard Limited(TELE)	16,268,500 ▼ 0.00
K-Electric Ltd / Mar 8 K-Electric Limited(KEL)	10,353,500 ▼ 0.00
Fauji Fert. Bin / Mar 8 Fauji Fertilizer Bin Qasim Limited(FFBL)	10,014,000 ▼ 0.00
Pak Int.Bulk Ter / Mar 8 Pakistan International Bulk Terminal Limited(PIBTL)	9,099,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 6	157.18
USD PKR Interbank Buying / Mar 6	157.08
USD to Japanese Yen / Mar 6	108.31
USD to Swiss Franc / Mar 6	0.93
Pound Sterling to USD / Mar 6	1.38
Euro to USD / Mar 6	1.19
UK LIBOR % / Mar 6	0.08

Stock	Volume
S&P 500 / Mar 6	3841.94
India Sensex / Mar 6	50405.32
Tokyo Nikkei / Mar 6	28864.32
Nasdaq / Mar 6	12920.15
Hang Seng / Mar 6	29098.29
FTSE 100 / Mar 6	6630.52
Dow Jones / Mar 6	31496.30
Germany DAX 30 / Mar 6	13920.69
France CAC40 / Mar 6	5782.65

Item	Value
Crude Oil / Mar 6	66.09
Karachi Cotton Assoc. / Mar 6	12200.00
Gold 10 Grams / Mar 6	94564.00
Gold Spot / Mar 6	1698.50
Cotton / Mar 6	87.76

South African rand

South African rand gains sharply on Fed chair comments

Currencies set to break seven-day winning streak; Chile's peso outperforms

Dollar weakens as market optimism lifts riskier currencies

Carry trade appeal helps South African rand, stocks surge

South African rand softer as risk appetite wanes, stocks gain

South African rand steady as dollar edges higher, stocks slip

South African rand hits two-month low, Naspers lifts stocks

South Africa's rand muted as investors eye COVID-19 council meeting

South Africa's rand unchanged as US stimulus hopes counter stricter local lockdown

South African rand weakens as economic concerns weigh, stocks stable

South Africa's rand firms against weaker dollar as COVID-19 vaccine optimism dips

South Africa rand falls after poor data, stocks rise

South Africa's rand retreats before GDP data, stocks move up

South African rand firms on risk appetite, poor retail sales dent stocks

South African rand firmer as market awaits budget

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