South Africa Market Watch | 30 July 2015: Johannesburg Stock Exchange ends stronger but rand weaker…

Johannesburg, South Africa (Capital Markets in Africa) — Johannesburg Stock Exchange sustained yesterday’s gains at end of Thursday’s trading session. Johannesburg Stock Exchange (JSE) All Share edged up by 175.87 or 0.34 percent to close at 51,774.41 points. The JSE Top 40 index also rose by 0.42 percent or 193.61 points to end at 46,302.48 points.

Conversely, the financial sector index went down by 0.39 percent or 175.14 points at 45,089.11 points. Both Industrial sector index and industrial 25 index accelerated by 0.53 percent to close at 75,227.29 points and 0.60 percent to settle at 67,187.49 points respectively. Likewise, the resource sector index added by 0.86 percent with a closing level of 36,170.04 points and the JSE Gold mining index rose by 0.19 percent or 1.50 points at 808.44 points.

Looking at the market strength/breath, the market recorded 170 price gainers and 172 price losers as well as 64 remained unchanged, hence market strength/breathe ended negative. Among the top gainers today was Anchor Group which advanced 5.53 percent to ZAR 13.35 per share after 54 deals traded 104,021 shares. Torre Industries gained 6.30 percent to ZAR 4.89 per share after 144,514 shares were bought through 13 deals.

In the biggest losers list today was Lewis Group down by 6.30 percent at ZAR 58.03 per share after 2,194 deals sold 2,116,775 shares. Datacentrix Holdings lost 5.29 percent to close at ZAR 4.12 per share after 977,816 shares were traded in 21 deals.

On the currency markets front, the South rand weaker against US dollar at ZAR 12.7291 by losing 1.60 percent and by 1.49 percent against Euro to trade at ZAR 13.8917. The rand also fell by 1.49 percent against the British pound to end at ZAR 19.8141.