Market News

Herewith the latest market information:

Prime : 10.00%
Gold (US$ per ounce) : 1 514.72 (-0.80)
Brent Crude (US$ per barrel) : 58.85 (+0.62)
Dow Jones : 25 886.00 (+1.20%)
JSE Alsi : 53 874.00 (+0.06%)
ZAR/US$ : 15.24 (+0.01)
ZAR / Euro : 16.91 (+0.05)
ZAR / GBP : 18.55 (-0.05)

Market moving events: Our market ended a rollercoaster week, slightly positive. The US market was strong on Friday and that should give us a good start today. The Rand was slightly firmer as hopes of further financial stimulus in China helped emerging market currencies.

Positive Pointer: JSE-listed City Lodge, is pushing ahead with expansion plans in SA. The 154 room Town Lodge uMhlanga was recently opened, the 55th hotel in the group.

Have a great start to the week.

Kind Regards

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

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