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(Bloomberg) -- South Africa’s main stock index rose for a fifth day and headed for a third consecutive record close, as mining stocks benefited from hopes for U.S. economic stimulus. Local market giant Naspers Ltd.

South Africa’s main stock index rose for a fifth day and headed for a third consecutive record close, as mining stocks benefited from hopes for U.S. economic…

South Africa Stocks Extend Record as Stimulus Hopes Boost Miners John Viljoen, Bloomberg News The Johannesburg Stock Exchange. , Photographer: Waldo Swiegers/Bloomberg (Bloomberg) -- The main South African stock index extended its advance to a fourth day, adding to Wednesday’s record close and tracking moves in most Asian markets amid expectations that U.S. President-elect Joe Biden has a clearer path to boosting fiscal stimulus after key...

Adelaide Changole Financial stock exchange market display screen board on the street South Africa’s main stock benchmark drops for a fourth day, falling 0.2% by 9:42 a.m. in Johannesburg, with weakness in index giant Naspers Ltd, and a downturn in miners countering a resurgence in banks and gains in heavyweight Richemont. Naspers, with an 18% weighting on the index, falls for a second day, down 0.5% to provide the biggest drag to the index, as partl...

South African Stocks Drop From Early 2018 High as Naspers Slips John Viljoen, Bloomberg News (Bloomberg) -- South Africa’s main stock index fell 0.5% as of 9:46 a.m. in Johannesburg, retreating from the highest close since January 2018, as fresh U.S.-China tensions and protracted wrangling over a stimulus package in Washington weighed on sentiment toward riskier assets. The benchmark gauge remains on track to advance for the third week in four after climbing beyond the 60,000 point level ...

South African Stocks Climb to 2018 High With Index Above 60,000 Dec 17 2020, 3:34 PM December 17 2020, 1:35 PM December 17 2020, 3:34 PM (Bloomberg) -- (Bloomberg) -- South Africa’s main equities index rallied beyond the 60,000 points level for the first time since August 2018, benefiting from positive sentiment toward riskier assets as investors mulled speculation Washington lawmakers are edging closer to a U.S. stimulus deal. The benchmark FTSE/JSE Africa All Share Index gained 1.5% to...

Bank Dividend Talk Still a Non-Starter for South Africa Watchdog Roxanne Henderson, Bloomberg News Skyscraper office buildings in the Sandton area stand on the skyline beyond residential housing in the Alexandra township in Johannesburg, South Africa, on Thursday, June 11, 2020. The near-decade of mismanagement and corruption under former President Jacob Zuma combined with the coronavirus outbreak and loss of South Africa’s investment-grade rating have left the ...

South Africa Consumer Mood Subdued Despite Partial Recovery Prinesha Naidoo, Bloomberg News A sign advising shoppers to wear protective face masks stands on display inside a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, on Monday, May 11, 2020. South Africa’s government expects the coronavirus to pose a threat to public health for at least a year and is intensifying measures to slow its spread as experts warn of a second wave of infections wi...