Market News

Herewith the latest market information:

Prime: 10.00%
Gold: 1 318.80 (+4.95)
Brent Crude: 78.00 (+0.78)
Dow Jones: 24 739.00 (+0.80%)
JSE Alsi: 58 005.00 (+0.16%)
ZAR/US$: 12.38 (+0.19)
ZAR/Euro: 14.71 (+0.20)
ZAR/GBP: 16.68 (+0.39)

Market moving events: The Rand rebounded against the US Dollar (and other major currencies) as weaker than expected US inflation numbers took the pressure off US interest rate increases. Our overall market followed global markets stronger but the Rand did put pressure on dual-listed stocks.

Positive Pointer: President Ramaphosa has been elected as co-chairperson of the International Labour Organisation (ILO).

Enjoy Friday and have a great weekend.

Kind Regards,

Gary Bartlett
082 887 4294
www.qfg.co.za

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