Fin24 AM Update

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AM Update		Good Morning Wednesday, 31 July 2013
This Morning's Headlines Cape Town rail link explored The country's commuter railway operator and the City of Cape Town are in talks to open a rail link between the airport and the city. Economy Fewer have work since Zuma-promise - DA President Jacob Zuma's promise to create jobs has not materialised the DA said in response to the latest unemployment figures released by StatsSA. Economy The state is not a cash cow - minister A view that the state is a cash cow has hampered the willing buyer, willing seller principle in land restitution, says Land Reform Minister Gugile Nkwinti. Economy Zanu-PF plans bank take-over after polls Zimbabwe's minister of indigenisation is confident that Zanu-PF will win the elections aims to intensify plans to take over controlling stakes in banks. Latest News JSE extends gains, Absa hammered Dow, S&P 500 end flat as tech gains Ban on big drinks unconstitutional Bulgaria set to slash electricity prices Most Read State to buy Mala Mala Burger King SA teams up with Sasol Absa shares tank Jobless tally jumps to new high Absa warns on loan income, earnings up Hot Topics Savings and investments Petrol Tax Gold Telkom		New on Fin24 Few steps to sound investing Follow Daryl Ducasse's four principles to safeguard your precious pennies. Know your role Every team member should know their responsibility, says Jannie Rossouw.
Markets Data »   View full markets data SA Indices Level % Change Top 40 36 516.92 +0.41% All Share 40 991.30 +0.42% View more SA Indices World Markets Level % Change DOW IND 15 520.59 0.00% FTSE 100 6 570.95 0.00% View more World Markets Commodities Price % Change GOLD $1 332.77 +0.68% OIL $ 106.69 -0.76% PLATINUM $1 440.00 +0.21% View more Commodities Currencies Price % Change ZAR/EUR R 13.03 +0.23% ZAR/GBP R 14.96 -0.49% ZAR/USD R 9.83 +0.25% View more Currencies SA Equities Top 100 Selected from the SA Equities Top 100 by market cap. Winners Price % Change MNP Mondi Plc R145.63 5.13 AFX African Oxygen Limit... R19.73 4.95 MND Mondi Limited R145.50 4.77 UUU Uranium One Inc R26.19 4.51 MTN Mtn Group Limited R182.89 3.80 Losers Price % Change ASA Absa Group Limited R141.00 -7.04 IMP Impala Platinum Hold... R96.50 -3.50 ANG Anglogold Ashanti Li... R128.45 -3.46 KAP Kap Industrial Holdi... R3.20 -2.44 ABL African Bank Investm... R14.80 -2.31 View more SA Equities Top 100 Data provided by McGregor BFA. Company News Ban on big drinks unconstitutional Weakness in trade growth ahead Strong results for Herbalife Prasa seeking another R11bn CCMA mulling Lonmin jurisdiction View more news Hear it First Keep tabs on SA's listed companies - follow @Fin24Stocks.
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