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Think Daily 29 November 2022

Lesego Mthombothi Lesego Mthombothi 29/11/2022
Think Daily 29 November 2022 Think Daily 29 November 2022
Think Daily 29 November 2022 Lesego Mthombothi
In Monday’s trading session in the local markets, the Top 40 closed the day up 0.36% and the Resources 10 sector went down by 0.91%, the Financial 15 went up by 0.11%, the Industrial 25 went down by 1.18% and lastly the South African Listed Property index was down 0.2%. The Rand traded at R17.03 against the Dollar, R20.57 against the Pound, and R17.77 against the Euro. The rand is trading at a major support level of R17 against the greenback.


Figure 1:  USDZAR Historical Chart  (Source: ThinkTrader Web)

On the commodities front, Brent Crude oil is trading at $85.58 a barrel and WTI Crude oil is trading at $78.67 a barrel. Gold is currently trading at $1753.65. Platinum is now trading at $1005.90 and lastly, Palladium is at $1878.50. 

Across the globe, the S&P 500 closed the day down 1.54%, the Dow Jones closed the day down 1.45% and the Nasdaq had a 1.43% drop. The FTSE 100 was up 0.27%, the DAX was up 0.01% and the CAC40 was up 0.08%. In the Asian markets, the Nikkei 225 is currently down 0.48% and the Hang Seng is currently up 4.4%. 

SA Corporate Diary 
 
Company Name Last day to trade  EX Date  Pay Date 
Datatec 29/11/2022 30/11/2022 05/12/2022
Grand Parade Investments 29/11/2022 30/11/2022 05/12/2022
Invicta Holdings 29/11/2022 30/11/2022 05/12/2022
Ninety One Limited 29/11/2022 30/11/2022 15/12/2022
Pan African Resources 29/11/2022 30/11/2022 13/12/2022
Pick n Pay 29/11/2022 30/11/2022 05/12/2022
Raubex 29/11/2022 30/11/2022 05/12/2022
Stor-age 29/11/2022 30/11/2022 05/12/2022
Textainer 29/11/2022 30/11/2022 05/12/2022
Transaction Capital 29/11/2022 30/11/2022 05/12/2022
Vodacom 29/11/2022 30/11/2022 05/12/2022

 
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.

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Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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