The resource index is 1.63% lower, the industrial index 1.1% lower and the financial index 0.9% lower.
In company news, Jubilee Platinum PLC interim results saw revenue increase by 22%, gross profit by 34%. The loss per share reduced by 57% to 0.2pence per share.
The Rand is trading at R11.77 to the Dollar, R12.90 to the Euro and R17.51 to the British Pound. In commodities, Gold is trading at $1,191/oz., Platinumat $1,143/oz. and Brent Crude at $55.4/barrel.
On the economic front, German IFO business climate data was in line with forecasts with an index reading of 107.9. In the U.S., we are expecting durable and core durable goods data out at 2:30pm.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Visited 18 times, 1 visit(s) today
