Shares
 
FAQs

Visit our FAQ page to find the answers to the most commonly asked questions, including how to create an account, explaining ETFs, and providing useful links, forms, and tables.

FAQs
Shares

Start investing in South African shares the smart way. Discover ThinkTrader today.

Start Investing
Learn To Trade
 
Indicators & Chart Patterns

Deepen your knowledge of technical analysis indicators and hone your skills as a trader.

Find your detailed guides here
Trading Glossary

From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.

Learn More
Trading Glossary

From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.

Learn more
Knowledge Base

No matter your experience level, download our free trading guides and develop your skills.

Learn more
Learn To Trade

Trade smarter: boost your skills with our training resources.

Create a live account
Market Analysis
 
Market News

All the latest market news, with regular insights and analysis from our in-house experts

Learn more
Economic Calendar

Make sure you are ahead of every market move with our constantly updated economic calendar.

Learn more
Technical Analysis

Harness past market data to forecast price direction and anticipate market moves.

Learn more
Live Webinars

Boost your knowledge with our live, interactive webinars delivered by industry experts.

Register now
Special Reports

Engaging, in-depth macroeconomic analysis and expert educational content from our in-house analysts

Learn more
Market Analysis

Harness the market intelligence you need to build your trading strategies.

Create a live account
About ThinkMarkets
 
Liverpool FC Sponsorship

ThinkMarkets is the Official Global Trading Partner of Liverpool FC

Learn more
About Us

Find out more about ThinkMarkets, an established, multi-award winning global broker you can trust.

Learn more
Careers

Discover a range of rewarding career possibilities across the globe

Apply now
Security of Funds

Security of your funds is our number one priority. We safeguard our Client funds in top tier banks.

Learn more
Trading Infrastructure

When it comes to the speed we execute your trades, no expense is spared. Find out more.

Learn more
ThinkMarkets News

Keep up to date with our latest company news and announcements.

Learn more
Contact Us

Our multilingual support team is here for you 24/7.

Learn more
About ThinkMarkets

Global presence, local expertise - find out what sets us apart.

Create a live account
Create account

Think Daily 18 October 2021

Kearabilwe Nonyana Kearabilwe Nonyana 19/10/2021
Think Daily 18 October 2021 Think Daily 18 October 2021
Think Daily 18 October 2021 Kearabilwe Nonyana

In Friday’s trading session in the local markets, the Top 40 closed the day up by 1.47%. The Resources 10 sector went up by 2.5%, the Financial 15 went down by 0.48%, the Industrial 25 went up by 1.31% and lastly the South African Listed Property index down by 0.74%. The Rand traded at R14.63 against the United States Dollar, R20.12 against the Great British pound, and R16.96 against the Euro. Early in the morning, Dis-chem Pharmacies reported a trading report and a voluntary announcement relating to the Kaelo acquisition. In respect of the six months ended 31 August 2021, the Company is 

expecting an increase of between 32.6% and 37.6% compared to the published EPS and HEPS number for the six months ended 31 August 2020. Furthermore, Dis-Chem is pleased with the approval of the 25% acquisition of Kaelo Holdings by the Competition Tribunal.  

On the commodities front, the Brent Crude oil is trading at $85.78 a barrel and WTI Crude oil is traded at $82.88 a barrel. Gold Spot price is currently trading at $1764.06; Platinum Spot is now trading at $1060 and lastly, Palladium Spot price is at $2076.50. The oil prices continue to rally, with WTI crude oil and Brent crude oil reaches a price level last seen in October 2014.  

Across the globe, the S&P 500 closed the day up 0.75%, Dow Jones closed up 1.09% and the Nasdaq had a 0.63% climb. The FTSE 100 closed up 0.37% and the DAX was up 0.81% and CAC40 was up 0.63%. In the Asian markets, the Nikkei 225 is down 0.15% and the Hang Seng is also currently down 0.58%. This week, the earnings reports are what investors will be looking forward to with big names such as Netflix, Tesla, AT&T ASML and Intel are expected to release results. 

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.

Related articles:

Fears over efficacy of vaccines against Omicr...

By Fawad Razaqzada

30/11/2021

Think Daily 30 November 2021

By Kearabilwe Nonyana

30/11/2021

Big recovery for crude, stocks after Friday’s...

By Fawad Razaqzada

29/11/2021

Think Daily 29 November 2021

By Kearabilwe Nonyana

29/11/2021

Monday’s Bullseye: 29 November 2021

By Fawad Razaqzada

26/11/2021

Meet our contributors
Fawad Razaqzada
×
Fawad Razaqzada
Market Analyst, London

Fawad is an experienced analyst and economist having been involved in the financial markets since 2010, producing market commentary and research for a number of global FX, CFD and Spread Betting brokerage firms. He leverages years of market knowledge to provide retail and professional traders worldwide with succinct fundamental & technical analysis. Fawad also offers trading education to help shorten the learning curves of developing traders.
 
His colleagues consider him an expert at reading price action on the charts. This together with his deep understanding of economics and fundamental analysis, and trading experience, puts him in a great position to forecast short term price movements. Fawad covers a wide range of markets, including FX, commodities, stock indices and cryptocurrencies and his comments are regularly quoted by the leading financial publications such as Reuters and Market Watch. In addition to ThinkMarkets, Fawad also provides analysis and premium trade signals on his own website at TradingCandles.com.
 
 

Carl Capolingua
×
Carl Capolingua
Market Analyst, Melbourne

Carl has over 20 years' experience in financial markets and has held senior analyst roles at a number of financial institutions. Specialising in Australian and US stock markets in particular, Carl uses a top-down approach to assess the global macro picture before using both technical and fundamental techniques to select stocks. He regularly appears as an expert commentator on a number of media outlets throughout the Asia-Pacific region.
 
 
 

Kearabilwe
×
Kearabilwe Nonyana
Market Analyst, South Africa

Kearabilwe is an experienced Sales trader and Analyst specialising in Equity and Equity derivatives. His career in the financial markets has seen him hold various positions in global investment banks and global CFD and Spread betting firms. He has deep interest in using quantitative methods to help him understand and teach the fundamental drivers of asset prices.
 
 
 

Fawad Razaqzada
Fawad Razaqzada
Fawad is an experienced analyst and economist having been involved in the financial markets since 2010, producing market commentary and research for a number of global FX, CFD and Spread Betting brokerage firms.
Carl Capolingua
Carl Capolingua
Carl has over 20 years' experience in financial markets and has held senior analyst roles at a number of financial institutions.
Kearabilwe
Kearabilwe Nonyana
Kearabilwe is an experienced Sales trader and Analyst specialising in Equity and Equity derivatives.

Feel confident?

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.
Back to top