Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
BS: JSE ends in the black
 
The JSE closed solid in the black on Monday amid a boost from solid resources counters while copper rushed to an 11-month high following the earthquake in copper rich Chile over the weekend.

The JSE's all share index lifted 0.98 percent and closed at 27 026.020 points.

Resources collected 0.56 percent however the gold and platinum mining indices dropped 0.72 percent and 0.13 percent respectively.

Banks and financials advanced 1.71 percent and 0.73 percent respectively while industrials gained 1.53 percent.

Resources heavyweight, Anglo American lifted 2.65 rand to 279.15 rand while rival BHP Billiton gained 1.45 rand to 232.50 rand. Synthetics giant, Sasol added 1.44 percent to trade at 286 rand.

Among gold counters, AngloGold Ashanti dropped 1.22 percent to 273.60 rand, Gold Fields lost 1.47 percent to 87.54 rand however Harmony jumped 2.82 percent to 71 rand.

Among platinum miners, Angloplat retreated 2.03 percent to 699.99 rand, Impala Platinum eased 1.35 rand to 186.50 rand, Lonmin, withdrew 1.09 percent to 208.50 rand however Northam Platinum rose 1.03 percent to 45 rand.

Kumba Iron Ore shed two rand to 365 rand.

Diversified miner African Rainbow rallied 3.8 percent to 191 rand.

Among industrials, the Bidvest Group earlier reported a nine percent increase in diluted headline earnings per share (HEPS) to 491.1 cents for the six months ended December 2009 from 450.3 cents a year ago. HEPS were also up nine percent at 495 cents from a previous 454 cents. The distribution per share was nine percent higher at 207 cents The group reported a 6.5 percent decline in revenue to R56.113-billion and trading profit of R2.616-billion, a decline of 0.1 percent. The group's share price added 175 cents to 133.75 rand.

Meanwhile, brewer SAB Miller jumped 2.77 percent to 203.49 rand, Imperial rocketed 4.43 percent to 97.90 rand while Tiger Brands lifted 1.46 percent to 178.57 rand.

Cellular giant, MTN earlier announced that Phuthuma Nhleko is to step down as Group President and Chief Executive of MTN by March 2011. The Board process is underway to appoint a successor. The group's share price gained 1.87 percent to 113.99 rand.

Hotels and resorts group Sun International said earlier that Monticello, located approximately 60 km south of Santiago in Chile, was damaged in the massive earthquake on Saturday morning. The group's share price eased 1.52 percent to 90.60 rand.

Financial services group, Sanlam slipped 0.53 percent to 24.30 rand.

Banking giant, Standard Bank collected 1.90 percent to 109.50 rand, Nedbank jumped 2.67 percent to 123.20 rand while Absa gained a rand to 133.80 rand.

Source