Loading...

JSE up in line with global markets

Jun 04 2018 19:19
Musa Makoni, GT247.com


Company Data

IMPALA PLATINUM HOLDINGS LIMITED [JSE:IMP]

Last traded 16
Change 0
% Change -2
Cumulative volume 236615
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

ASPEN PHARMACARE HOLDINGS LIMITED [JSE:APN]

Last traded 266
Change 1
% Change 0
Cumulative volume 244985
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

FIRSTRAND LIMITED [JSE:FSR]

Last traded 65
Change 2
% Change 2
Cumulative volume 5775729
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

European stock markets climb at open

Tokyo stocks open higher, encouraged by upbeat US data

JSE closes firmer as global stocks rise amid Italian coalition deal

Rand dips slightly as positive US economic data boosts dollar

 

JohannesburgThe JSE was lifted on Monday as global markets responded positively to Friday’s upbeat US jobs report.

US major indices gained over 1% on Friday and this trend filtered onto Asian indices in Monday’s trading session. Global markets strengthened despite concerns of a potential trade war between the USA and its biggest trading partners.

However, the jobs report from the USA exceeded market estimates which reduced the potential impact stemming from the news of US tariffs.

The JSE opened firmer and continued to gain during the course of today’s trading session. Stadio Holdings [JSE:SDO] jumped 17.86% to close at R4.62 per share, while its sector pee, Curro Holdings [JSE:COH] closed at R31.04 per share after gaining 5.26%.

Lonmin [JSE:LON] added 2.67% to close at R7.70 per share, while fellow platinum miner Impala Platinum [JSE:IMP] inched up 0.05% to close at R20.41 per share.

On the Top-40 index, Sanlam [JSE:SLM] and Rand Merchant Investment Holdings [JSE:RMI] added 4.08% and 3.77% respectively.

Bankers FirstRand [JSE:FSR] added 3.43% to close at R77.00 per share, Capitec Holdings [JSE:CPI] climbed 3.35% to end the day at R927.50 per share, while Standard Bank [JSE:SBK] closed at R216.63 per share after gaining 2.63%.

Other significant moves on the day were recorded in Naspers [JSE:NPN] and Aspen [JSE:APN], which gained 2.18% and 2.6% respectively.

Of the day’s biggest losers, Datatec [JSE:DTC] traded under significant pressure, eventually closing at R20.30 per share after losing 7.26%.

Steinhoff [JSE:SNH] reached a new all-time low of R1.07 per share, which is where it closed after losing 6.96%.

On the blue-chip index, Life Healthcare [JSE:LHC] and Mediclinic [JSE:MEI] lost 1.63% and 2.46% respectively, while British American Tobacco [JSE:BTI] was weighed down by the stronger rand which saw the stock close 1.38% weaker at R644.41 per share.

The JSE Top-40 index closed 1.04% firmer, while the broader JSE All-Share index managed to climb by 1.03%.

The Resources index traded softer to end the day 0.47% weaker. However, the Industrials and Financials indices posted gains of 1.27% and 2.04% respectively.

The rand gained more than 1% against the greenback to reach a session high of R12.51/$.

This was mainly as a result of the retracement in the US dollar, which slipped below 94 index points on the US dollar index. The local unit was trading at R12.56/$ at 17:00, up 0.95% on the day.

Gold was little changed as it recorded marginal gains to peak at a session high of $1 298.14 per ounce.

At 17:00 the precious metal was trading at $1 294.91/oz, only up 0.2% on the day.

Platinum and palladium also recorded minimal gains to trade at $904.65/oz and $1005.75/oz respectively.

Brent crude slid by more than 1% to reach a session low of $75.53 per barrel. Just after the JSE close, the commodity was still trading under pressure at $75.92/barrel.

At 17:00 CAT Ethereum had lost 5.33% to trade at $586.90 per coin, while Bitcoin was 2.79% weaker to trade at $7494.70/coin.

The JSE market update is from GT247.coman online broker and authorised financial services provider.

Homepage blurb Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

equities  |  jse  |  markets
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The state capture inquiry will:

Previous results · Suggest a vote

Loading...