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  • 04 Feb 2020

    Old Mutual lead stocks higher JOHANNESBURG The rand slumped to collier femme couleur argent a one month low on Tuesday, as data pointed to continued weakness in the economy, while a surge in Woolworths Holdings and Old Mutual led stocks higher. cover iphone 8 A survey showed consumer confidence in Africa’s most industrialised bague or qualité economy remained at a near two year low in the fourth quarter, as the country struggles with prolonged power cuts and choppy economic growth. The rand tumbled more than half a percent to hit a session low of R14.5000 per dollar, its weakest since 16 December. custodia samsung cover bague or blanc femme aigue collier femme 38 cm marine The unit trimmed its losses in late afternoon trade collier femme 300 euros to steady at R14.4000 as of 1535 GMT. iphone x xs hoesje The focus now turns to the South African Reserve Bank’s monetary policy meeting on Thursday, when it will announce its interest rate decision after keeping rates bague or rose origami on hold at 6.5% at its last meeting. November retail sales figures are due on Wednesday and mining production data on bague pandora scintillante Thursday. “With the collier femme argent large country’s inflation rate dropping to bague pandora or blanc its lowest level bague or rose diamant createur in almost nine years at 3.6% and economic data over the past few weeks painting a gloomy picture, the South African Reserve Bank may cut interest rates bague or jaune 750 amethyste this quarter,” said Lukman Otunuga, bague or internet senior bague pandora voeu brillant research analyst at FXTM. cover iphone 5 5s se The Johannesburg All Share index and Top 40 index registered near one month highs as department chain Woolworths and insurer Old Mutual posted strong gains. Also helping the equity bague or blanc 5 anneaux market was optimism around the Phase bague or rose pour homme 1 Sino US trade agreement expected to be signed this week. Woolworths bague or jaune vintage gained 8.30% after it said it appointed Levi Strauss executive Roy Bagattini as nettoyer bague pandora CEO, cheering investors keen for a fresh pair of hands to tackle the department chain’s struggling Australian business. Investors often said that CEO Ian Moir overpaid for upmarket Australian department collier femme horloge bague or taille 65 chain David Jones “and when it wasn’t working he continued to invest in it,” Sasfin Wealth senior equity analyst Alec Abraham said. cover iphone 7 plus “You’ve got fresh eyes with no vested interest in bague or guerin any particular region mise à taille bague or prix or business bague or 20 carats that can arguably have an objective review of the business and make objective decisions on where it should be going in future,” he said. Old Mutual rose 3.25% to R19.69 after a South African High Court ruled that the insurer does not have to reinstate its sacked chief executive, Peter Moyo, a shift in legal fortunes for the country’s No.2 insurer. goed iphone hoesje The All Share Index closed 0.69% firmer at 57,967 points, collier femme swaroski while the Top 40 index gained 0.74% to 51,725 points, both levels last seen on 19 December. In fixed income, the yield on the benchmark government bond due in 2026 was up 3.5 basis points at 8.26%.

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