In Friday’s trading session in the local markets, the Top 40 closed the day down by 1.3%, the Resources 10 sector went down by 1.42%, the Financial 15 went up by 0.19%, and the Industrial 25 went down by 1.7%. The rand traded at R18.06 against the dollar, R21.71 against the pound, and R19.29 against the euro. The share price for Investec has continued to climb and reached new all-time highs.
Figure 1: Investec's Historical Share Price Chart (Source: ThinkTrader Web)
On the commodities front, Brent Crude oil is trading at $83.53 a barrel and WTI Crude oil is trading at $76.80 a barrel. Gold is currently trading at $1844.31. Platinum is now trading at $920.47 and lastly, the palladium is at $1501.66.
Across the globe, the S&P 500 closed the day down by 0.28%, the Dow Jones closed the day down by 0.66% and the Nasdaq closed down by 0.58%. The FTSE 100 was up by 0.18%, the DAX was up by 0.18% and CAC40 was up by 0.89%. In the Asian markets, the Nikkei 225 is currently down by 0.66% and the Heng Seng is currently down by 1.08%.
Market Moves (17 February 2023)
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