Unum Market Commentary: JSE Recovers; Rand Remains Weak

On Friday, the South African equity markets closed in positive territory following it's mid-week slump with the All Share Index adding 0.15% for the session. The Top 40 index edge higher by 0.19% with the 19 shares closing higher while the remaining 21 saw losses.

On the upside, Quilter and Amplats added 2.67% and 2.26% respectively while Bidvest and RMB Holdings lost 2.04% and 1.95%. In Europe, stocks were flat to down with the Dax and CAC40 losing 0.22% and 0.08% respectively, while the FTSE100 index added 0.08%.

In the United States, stocks continued to push higher as follows: Dow 30 (+0.43%), S&P 500 (+0.33%), Nasdaq (+0.13%) and Russell 2000 (+0.46%).

JSE Major Sectors

Resources 10 +0.79%
Industrial 25 +0.34%
Financial 15 +0.90%

In currencies, the South African Rand trades as follows:

USDZAR +0.03% to 14.66
GBPZAR 0.00% to 18.68
EURZAR -0.03% to 16.75

Gold trades at $1192
Platinum at $790
Brent Crude Oil at $71.59

International Markets

This morning, Asian equities are as follows:

Nikkei 225 (-0.25%)
Hang Seng (+0.96%)
Shanghai Composite (+0.11%)

Latam Markets closed as follows:

Merval 25 (-2.60%)
Bovespa (-1.03%)
INMEX (+0.22%)

Aus miners:
BHP Billiton (+1.34%)
Rio Tinto (0.11%)
S32 (+0.60%)

FANGs
Facebook (-0.52%)
Amazon (+0.23%)
Netflix (-1.76%)
Google (-0.67%)

FTSE Miners:
Anglo American plc (-0.58%)
BHP Billiton plc (-0.16%)
Glencore plc (+0.05%)

Alibaba Holdings (+0.45%)
Tencent Holdings (+2.31%)

The Unum Capital Trading Desk

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