South Africa Equity Markets |16 Sep 2015: Johannesburg Stock Exchange Trading floor is greener today …

Johannesburg, South Africa Capital Markets in Africa — On Wednesday, it all greener  at the closed of equity trading session, with all key sector indices in the North Pole. Johannesburg Stock Exchange (JSE)  All Share (the broadest measure of the equity market performance) gathered 3.11 percent or 1,537.56 points to settle at 51,029.24 points and the benchmark JSE Top 40 index closed 1,602.64 points or 3.64 percent lower to end at 45,588.01 points.

Looking at the sector indices, financial sector index surged by 0.86 percent or 368.55 points at 43,296.82 points. Industrial sector index and industrial 25 index edged up by 4.31 percent to end at 74,710.25 points and grew by 4.75 percent to trade at 66,877.00 points respectively. The resource index advanced by 1.38 percent or 491.19 points to settled at 36,136.34 points and the Gold mining sector index surged by 0.50 percent with a closing level of 935.84 points.

Looking at the market strength/breath (measured as ratio of gainers to losers), the market recorded 224 price ups, 130 price downs and 61 price stables, hence market strength/breathe ended positive.  Among the top gainers today was Sabmiller which advanced 18.35 percent with a closing price of ZAR 739.00 after 29,931 deals traded 12,981,234 shares. Compagnie Fin Richemont surged by 6.63 percent to trade at ZAR 106.14 after 13,564,711 shares were bought via 5,193 deals.

In the biggest losers list today was Mondi PLC plunged by 5.12 percent to settle at ZAR 291.50 after 4,668 deals sold 1,714,209 shares. Tsogo Sun Holdings tumbled by 4.80 percent to end at ZAR 23.80 after 1,340,297 shares were traded in 1,151 deals.

On the forex markets front, the South rand was stronger against US dollar at ZAR 13.2923 after adding 1.19 percent and against British pound to trade at ZAR 20.5557 after gaining 0.29 percent. The rand also rose by 0.93 percent against the Euro to close at ZAR 15.0190.