18h20 South African stocks fell just over 1 percent on Wednesday, as concerns about slowing growth in China hit mining companies such as Assore and African Rainbow Minerals.
17h47 South Africa's parliament passed changes to its main petroleum law on Wednesday, giving the state a stake of 20 percent in new gas and oil exploration and production ventures, a move industry said would have a chilling effect on investment.
18h57 Britain's top share index fell
to a one-month low on Wednesday, led down by G4S after the
security firm agreed a settlement with the government over an
offenders' tagging scandal.
18h49 Global stock indexes declined
for a fourth day and copper hit four-year lows before rebounding
on Wednesday as increasing concern about China's economic
slowdown unnerved investors.
13h56 South African steel and vanadium producer Evraz Highveld said on Wednesday it was unable to borrow more money after it posted a loss for the second straight year, and said there was doubt about the company's future as a going concern.
19h22 Copper rebounded from earlier
losses on Wednesday as a sell-off triggered by concerns about
the impact of credit problems in China was considered overdone,
but further gains were capped by lingering worries about the
outlook for demand.
Friday's
stronger-than-expected payrolls report did more than ease
concerns about U.S. economic fundamentals - it also seemed to
justify Wall Street's record levels, suggesting the market's
uptrend could continue.
19h00 Supporters and foes of
Venezuelan President Nicolas Maduro took to the streets of
Caracas again on Wednesday a month after similar rival rallies
brought the first bloodshed in a wave of unrest round the OPEC
member nation.
The ultimate online trading challenge has begun!
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Dear Clients,
As of 1 January 2014, the JSE will be instituting an increase across all their services. Sharenet, as from the same date (1 January 2014) will similarly be initiating an increase. We have managed to keep the increase down to 7.5%... Read more
http://www.sharenet.co.za/v3/events/ As 2013 draws to a close, Sharenet will be hosting the last of our trading and investing seminars for the year. This is your final opportunity to broaden your knowledge and develop the skills that will enable you... Read more
Sharechat, the home to four and a half thousand registered users and thousands more visitors, has recently undertaken a face-lift and introduced numerous enhancements. But at its core, Sharechat remains focused on providing a stable, user-friendly... Read more
In "When The Money Runs Out", author Stephen D. King offers a well-researched history of political errors and monetary excesses to explain why the West’s period of affluence, lifestyles and position... Read more
Dear Readers
Welcome to the March issue of MarketViews!
Our first order of business is to tell you about the launch of the Sharenet StockPicks Challenge beginning on... Read more
Have you also been watching in horror as the rand has grown weaker and weaker? Find out more about the worst emerging market exchange control crisis in 5 years... Read more
You don’t have to be an established trader with years of experience to compete in this challenge. In fact, we are looking for those people who are passionate about trading, regardless of your... Read more
We examined the construction of Philadelphia Fed’s Vulnerability Index to come up with a "hit list" of 9 things that SA needs to urgently sort out to avoid further Rand vulnerability in the wake of... Read more
Investors shouldn’t only rely on earnings as an indicator of firm performance. As a financial director once commented: "Profit is a matter of opinion, but cash flow is for real." Read more
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/newsimages/2014-03-12T162035Z_1_AJOEA2B19EE00_RTROPTP_3_OZABS-SAFRICA-STOCKS-20140312.JPG "Electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/newsimages/2014-03-12T154754Z_1_AJOEA2B17VX00_RTROPTP_3_OZABS-SAFRICA-OIL-20140312.JPG "A general view of part of the South African Petroleum Refinery (SAPREF) is seen in Durban")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/news_images_sn/1297159333.jpg "City of London skyline looking out over Millennium Bridge with Tower 42 Gherkin,Willis Building and Stock Exchange Tower seen in the background")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/news_images_sn/1295437803.jpg "Global Markets")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/newsimages/2014-03-12T084508Z_1_CBREA2B0OB900_RTROPTP_3_VENEZUELA-PROTESTS.JPG "Anti-government protesters stand amidst teargas during a protest at Altamira square in Caracas")
