Fin24 AM Update

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AM Update		Good Morning Thursday, 25 July 2013
This Morning's Headlines Fraud scandal rocks Medupi A top subcontractor at the R105bn Medupi power station is facing fraud charges relating to welding work for boilers, a report says. Mining Gold sector wage talks to CCMA Wage negotiations in the gold industry would gain momentum only if a facilitation process was followed, according to Solidarity. News Most consumers 30% over budget Most consumers do not save and then have to depend on credit to deal with economic and life shocks, says an industry body. Economy Note facts, not feelings about Chinese Given the importance of Chinese investment in Africa, it is important for business to distinguish between facts and mere feelings, according to EthicsSA. Latest News Detroit bankruptcy hearings begin Oil extends losses in Asian trade Hong Kong stocks down 0.29% Oil prices tumble on poor China data Most Read SA youth heading for 'money death' Zuma: Middle class must find way out Mugabe: Zimbabweans running SA economy PayPal error makes man quadrillionaire Most consumers 30% over budget Hot Topics Savings and investments Petrol Tax Gold Telkom		New on Fin24 Debt-free doesn't mean denial Avoid the 'don't pay today what you can put off for tomorrow' financial strategy and you could save enough for the sweet things in life. Don't discount the EU SA shouldn't simply ditch EU for Brics trading partners, says Geoffrey Chapman.
Markets Data »   View full markets data SA Indices Level % Change Top 40 36 373.27 -0.76% All Share 40 886.61 -0.70% View more SA Indices World Markets Level % Change DOW IND 15 542.24 0.00% FTSE 100 6 620.43 0.00% View more World Markets Commodities Price % Change GOLD $1 321.91 +0.30% OIL $ 106.85 -1.44% PLATINUM $1 443.70 -0.67% View more Commodities Currencies Price % Change ZAR/EUR R 12.88 +0.58% ZAR/GBP R 14.95 +0.41% ZAR/USD R 9.75 +0.68% View more Currencies SA Equities Top 100 Selected from the SA Equities Top 100 by market cap. Winners Price % Change RBW Rainbow Chicken Limi... R17.20 4.69 AMS Anglo American Plat ... R318.50 2.90 TRU Truworths Internatio... R83.01 2.57 TKG Telkom Sa Soc Limite... R18.20 2.30 GFI Gold Fields Limited R58.46 2.20 Losers Price % Change KIO Kumba Iron Ore Limit... R447.00 -4.89 ARI African Rainbow Mine... R155.00 -3.84 BAW Barloworld Limited R82.00 -3.57 AFX African Oxygen Limit... R18.70 -3.11 SLM Sanlam Limited R46.40 -2.52 View more SA Equities Top 100 Data provided by McGregor BFA. Company News Fraud scandal rocks Medupi Gold sector wage talks to CCMA No quick fix for Anglo's new boss Parmalat workers strike Caterpillar earnings drop on weak mining View more news Hear it First Keep tabs on SA's listed companies - follow @Fin24Stocks.
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