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Seems like hackers got into their website and pulled it down

Oakbay drop was not due to hackers. It is a JSE listing and it cannot be hacked. It is traded but as an illiquid stock, it has a large spread as traders are desperate to get out. Perhaps it was a rogue trade or a mistake trade that was fixed by the JSE staff.

I did say that the JSE was NOT hacked. Read properly.

SA40 -550 Pips

ZAR 15.54

Rand most vulnerable to upheaval if UK leaves EU

Also due to $ strength due to news that the German 10 bond yield has turned negative for the first time.

And as to general malaise in all markets plus ours ..



(Just an opinion confirmed - again).

Also J. Yellen's delaying of a rate hike citing deteriorating economic conditions and slowing growth in the U.S.and worries about global growth does not portend well for markets. Depends on data going forward - we have already one data point released yesterday; Producer prices in US rose by 0,4% more than the 0,2% expected, maybe this will provide US markets with a very temporary rally ?