Morning Notes

 

Too many countries are headed in the wrong direction.”

  14/07/2020 World Health Organization Director-General Tedros Adhanom Ghebreyesus warns that “too many countries are headed in the wrong direction.” The JSE AllShare followed world markets higher yesterday, finishing the day up 1.415. good to see SA Inc. names...

Stocks Rise On Policy Optimism, Dollar Declines

13/07/2020 U.S. earnings start this week with banks JPMorgan, CitigroupS&P 500 futures edge up; crude oil drops in Monday trading The JSE closed weaker on Friday as markets continue to be affected by the rising Covid-19 in the US, Hong Kong and Tokyo fuelling...

Gold holds above $1,800 level as virus casts long shadow

09/07/2020 Local markets made good gains with the JSE All Share closing up 1.1% at 55 870, the ZAR had a good day against the US$ gaining 1.2% and remains firm at 16.93/$. Platinum miners led the gains  with the index now having erased all of its 2020...

Chinese market strong again this morning

08/07/2020 We are indicating a slightly better start with the FTSE JSE Top40 future up 0.35% with the Chinese market strong again this morning and Tencent up 5.2% in Hong Kong. US and European futures are pretty flat this morning. South Africa’s National Treasury will...

Covid-19 infections have risen to 196,750 in SA.

06/07/2020 The JSE/All-share closed flat -0.17% to 54,521.9 points and the Top 40 -0.26% on a relatively quite day as the US Wall Street markets were closed for Independence Day on Friday. Banks and financials fell 1.22% and 0.18% respectively. The rand is nicely firm...

Markets set to rise amid coronavirus vaccine hopes

02/07/2020 Morning All. The JSE All Share ended the day down 1.06% and the ZAR strengthened nearly 2% as a much better than expected PMI number was released. The Absa purchasing managers’ index reached its highest level since August 2013, showing that conditions in...