But it was held back by the firm rand. The Alsi ended at 25231.500 with the gold mining index the star performer 1.68%.The platinum mining index picked up 0.98% to help resources rally 1.45%.Industrials and financials firmed 0.54% and 0.44% respectively, while the banks index was 0.62% better. Industrials and financials firmed 0.54% and 0.44% respectively, while the banks index was 0.62% better.
The Rand firmed against the greenback to 7.16 while ended up to $626.90/oz. The market was watching out for the US CPI data.
The Rand firmed against the greenback to 7.16 while ended up to $626.90/oz. The market was watching out for the US CPI data.
Other Stats
Rand-Sterling 14.1337 0.34%
Rand-Dollar 7.1638 0.10%
Rand-Euro 9.2836 0.24%
Rand-Dollar 7.1638 0.10%
Rand-Euro 9.2836 0.24%
Gold 632.45 0.02%
Platinum 1165.00 2.01%
Brent Oil 51.51 2.41%
Platinum 1165.00 2.01%
Brent Oil 51.51 2.41%
Current Trades
Quite an boring day with BAW which ended basically flat. Well after its past run a small pause would be a good thing. My stop loss was not reached as I though it would do in the morning volatility, so I moved it up again.
JSE CODE:BAW 17770 -0.17%
SECTOR:Diversified Industrials
Watch List
1)JSE CODE:NHM 5170 0.0%
SECTOR: Platinum & Precious Metals
Comment: May be to late but will keep an eye out for dividend
2)JSE CODE:HVL 7300 0.65%
SECTOR: Steel
Comment: If I can find a share instalment with a later expiry date I am in under 7250
3)JSE CODE:SOL 23185 3.55%
SECTOR: Integrated Oil & Gas
Comment: I am in under 23000
Tomorrow
If one looks at what I said yesterday don't listen to me. However for those that just don't listen I still feel bearish.
