Nedbank Smart Geyser Programme Saves R50 Million

Johannesburg Stock Exchange — Shuka Minerals Revives Mining Theme as JSE Ends Flat at -0.01%

Shuka Minerals reported a new ore body at Kabwe with a peak zinc grade of 70%, while the JSE All Share ended almost unchanged at -0.01%. In a split market, defensives and healthcare outperformed financials and parts of the mining complex.

Johannesburg Stock Exchange — Gold Jumps 2%, Yet AngloGold, Gold Fields and Harmony Sink

The day’s paradox on the JSE: gold rose 2.0% to $4,715.4, yet major gold miners fell, with Harmony down 4.8%, Gold Fields 2.8% lower and AngloGold off 1.9%. Combined turnover of ZAR 5.96 billion points to profit-taking despite a firmer rand.

Johannesburg Stock Exchange — Impala Platinum Jumps 6.2% as Platinum Hits $1,792

Impala Platinum led the JSE on Monday, rising 6.2% to ZAR 221.5 as platinum climbed 2.4% to $1,792.4/oz. The move helped lift the Top 40 by 0.69% even as market breadth stayed weak at 13 gainers versus 40 decliners.