South Africa Equity Markets |18 Sep 2015: Johannesburg Stock Exchange (JSE) All Share index lower, Gold miner adds 3.65 percent …

JOHANNESBURG, South Africa, Capital Markets in Africa — Today the South Africa equity markets returned to the red zone. Johannesburg Stock Exchange (JSE) All Share index ended 1.03 percent or 528.99 points lower to close at 51,044.58 points. The JSE Top 40 index also plunged by 521.46 points or 1.13 percent to end at 45,616.07 points.

The JSE Financial sector index fell by 0.75 percent or 328.60 points to end at 43,527.82 points. Both Industrial and industrial 25 sector indexes lower by 1.21 percent to close at 74,663.27 points and sagged by 1.27 percent to settle at 66,854.08 points respectively. The resource index crashed by 0.61 percent or 219.34 points to close at 35,972.29 points but the Gold mining sector index gained 3.65 percent or 34.62 points with a closing level of 982.64 points.

Looking at the market strength/breath (measured as ratio of gainers to losers), the market recorded 153 price gainers, 218 price losers and 46 remained unchanged, hence market strength/breathe closed negative.  Out of the top gainers was Sabvest Limited, whose shares rose by 61.90 percent to end at ZAR 34.00 after investors exchanged 955 shares. Eastern Platinum Limited soared by 19.72 percent after traded 600 shares, boosting the share price to ZAR 12.87. Holdsport Limited also jumped by 11.43 percent to end at ZAR 55.00 after investors traded 85,000 shares. Basil Read Holdings Limited advanced by 11.11 percent to end at ZAR 4.00 after exchanged a total of 95,637 shares. DRDGOLD Limited climbed by 8.56 percent to end at ZAR 2.03 after trading 6,663,621 shares.

On the losers’ table was, Aquarius Platinum Limited whose shares fell to ZAR 1.48 after 3,083,330 shares were bought and sold, resulting in a fall of 15.43 percent. Bowler Metcalf Limited tumbled by 13.64 percent to close at ZAR 7.60, after 86,931 shares were traded. Distribution And Warehousing Network Limited sagged by 9.72 percent to trade at ZAR 5.20 a share after investors bought and sold 1,958,786 shares. Assore Limited slumped by 8.18 percent to trade at ZAR 78.00 after 605,752 deals. After investors bought and sold 3,560,112 shares, Aveng Limited plunged by 6.16 percent to trade at ZAR 4.05.

On the currency markets front, the South rand was weaker against US dollar at ZAR 13.3154 by losing 0.17 percent and against British pound to trade at ZAR 20.6541 after falling by 0.49 percent. The rand lost 0.89 percent against the Euro to close at ZAR 15.0937.