South Africa Equity Markets |21 Sep 2015: South African equity markets and South Africa’s rand lower as post-Fed bull-run fades …

JOHANNESBURG, South Africa, Capital Markets in Africa —The South Africa equity markets opened the week in the red at the end of Monday’s trading session. Johannesburg Stock Exchange (JSE) All Share index ended 0.60 percent or 307.44 points lower to close at 50,737.14 points. The JSE Top 40 index also sagged by 236.15 points or 0.52 percent to end at 45,379.92 points.

The JSE Financial sector index sagged by 0.80 percent or 346.14 points to end at 43,181.68 points. Both Industrial and industrial 25 sector indexes lower by 0.37 percent to close at 74,388.22 points and declined by 0.32 percent to settle at 66,638.30 points respectively. The resource index plummeted by 1.38 percent or 497.58 points to close at 35,474.71 points and the Gold mining sector index lost 0.77 percent or 7.56 points with a closing level of 975.08 points.

Looking at the market strength/breath (measured as ratio of gainers to losers), the market recorded 129 price gainers, 203 price losers and 52 remained unchanged, hence market strength/breathe closed negative.  Out of the top gainers was Bowler Metcalf Limited, whose shares rose by 18.42 percent to end at ZAR 9.00 after investors exchanged 100 shares. Putprop Limited soared by 13.77 percent after traded 3,876 shares, boosting the share price to ZAR 5.95. Tiso Blackstar Group Se also jumped by 9.88 percent to end at ZAR 10.90 after investors traded 40,155 shares. Diamondcorp Plc advanced by 7.89 percent to end at ZAR 2.05 after exchanged a total of 5,200 shares. Pallinghurst Resources Limited climbed by 6.98 percent to end at ZAR 4.60 after trading 577,913 shares.

On the losers’ table was, Super Group Limited whose shares fell to ZAR 5.30 after 160,275 shares were bought and sold, resulting in a fall of 15.85 percent. Harmony Gold Mining Company Limited tumbled by 13.28 percent to close at ZAR 10.58, after 3,183,419 shares were traded. DRDGOLD Limited sagged by 9.85 percent to trade at ZAR 1.83 a share after investors bought and sold 2,086,272 shares. Fairvest Property Holdings Limited slumped by 7.62 percent to trade at ZAR 1.65 after 882,697 deals. After investors bought and sold 91,702 shares, Allied Electronics Corp A plunged by 7.61 percent to trade at ZAR 6.80.

On the currency markets front, the South rand was weaker against US dollar at ZAR 13.4789 by losing 1.19 percent and against British pound to trade at ZAR 20.8470 after falling by 1.07 percent. The rand lost 0.29 percent against the Euro to close at ZAR 15.0801.