South African stocks pulled back on Wednesday weighed down by defensive stocks as traders sold off shares in health care providers Netcare and Mediclinic.
South Africa's rand hit a three-week low on Wednesday as the U.S. currency strengthened and the deputy central bank governor warned domestic economic growth continued to disappoint.
03h30 Australian shares
fell for the third straight session on Thursday, dragged lower
by large miners and banks as investors booked profits after the
central bank left rates unchanged earlier this week.
02h52 Gold edged above $1,200 an
ounce on Thursday as equities weakened, but the safe-haven metal
retained most of its losses from a three-day decline on robust
U.S. economic data and strength in the dollar.
FUNDAMENTALS
* Spot gold had ticked up 0.3 percent to $1,202.65 an
ounce by 0035 GMT,
04h15 Loss-making Japanese electronics
firm Sharp Corp meets its main banks on Thursday in an
effort to secure its second major bailout since 2012, betting
they will have little choice but to pay up despite their call
for more drastic overhauls.
04h10 U.S. ambassador to South Korea Mark Lippert was slashed in the face by a Korean nationalist but was not seriously hurt during an attack at a breakfast forum held in the capital on Thursday to discuss Korean reunification, police and witnesses said.
2015 trading and investing workshops
Our 2015 course and workshop dates are now available. Do not miss out on this fantastic opportunity to learn and improve your trading and investing. There are 3 courses currently being offered:
1. Introduction... Read more
Play our FREE online trading challenge now!
The ultimate online trading challenge is back!
You too can be a part of this game and stand the chance of winning your share of R30,000 in prizes!
How it works:
Each month, you will have the chance to... Read more
Sharenet Securities are pleased to announce that their clients are now able to place stop-loss orders as well edit existing orders.
STOP-LOSS
A stop-loss order is an order placed to sell a security when it reaches a certain price designed to limit... Read more
Dear Clients,
As of 1 January 2015, the JSE will be instituting an increase across all their services. Sharenet, as from the same date (1 January 2015) will similarly be initiating an increase. We have managed to keep the increase down to 6.9%... Read more
Last month we looked at how JSE listed ETFs can give South African investors exposure to different asset classes. In this, the final installment of the series, we will look at the remaining 3 of 5... Read more
Welcome to the March issue of MarketViews.
In his post, Dwaine van Vuuren from PowerStocks Research calculates that load-shedding has resulted in losses of a whopping R12 billion to the SA... Read more
Studies in behavioural finance have found that women are far less likely to take risky gambles than men, and that female fund managers, on average, outperform their male counterparts. Read more
The losses to the South African economy tallied R1 billion over the Valentines weekend alone, after 14 hours of Stage-2 load-shedding on Saturday 14th February, 4 hours of Stage-2 load-shedding on... 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/2015-03-04T161040Z_1007950001_LYNXMPEB230ST_RTROPTP_3_OZABS-UK-MARKETS-SAFRICA-STOCKS.JPG "A worker walks past an electronic board displaying movements in major indices, at the Johannesburg Stock Exchange in Sandton")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/newsimages/2015-03-04T154425Z_1007950001_LYNXMPEB230RL_RTROPTP_3_OZABS-UK-MARKETS-SAFRICA-CURRENCY.JPG "Photo illustration of South African bank notes displayed next to the American dollar notes in Johannesburg")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/news_images_sn/1297157604.jpg "Looking out over Sydney harbor towards the opera house at dusk")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/news_images_sn/1295338946.jpg "A gold bar is shown next to coins")
![[News Image]](http://www.sharenet.co.za/v3/image.php?width=120&cropratio=4:3&image=/newsimages/2015-03-05T002257Z_2_LYNXMPEB2400I_RTROPTP_3_SOUTHKOREA-USA-AMBASSADOR.JPG "U.S. Ambassador to South Korea Lippert leaves after he was slashed in the face by an unidentified assailant at a public forum in central Seoul")
