Daily Financial Markets Report | Tuesday, 29 April 2014

sacciDaily Financial Markets Report sources information from Business Day, Reuters, JSE Ltd and others.

Highlights

 The U.S. stock market finished Monday’s roller-coaster session generally higher. The main indexes swung wildly between gains and losses with the Dow Jones Industrial Average trading in a 187-point range. European stock markets trimmed gains in afternoon trade on Monday after the U.S. said it has taken further action against Russia, imposing sanctions on seven high-profile individuals and 17 companies. Asian stocks were lower on Monday, as a stronger yen and the unrest in Ukraine weighed on sentiment in Tokyo, while Shanghai fell on concerns over a glut of new stock offerings.

 The Top-40 index ended 0.11% lower at 43 851.17, while the All-share ended steady at 48 910.90.

 Spot gold is currently trading at US$ 1 294.60/oz. and platinum at US$ 1 417.80/oz. Brent crude oil is currently trading at US$ 108.33 per barrel.

International Markets

The U.S. stock market finished Monday’s roller-coaster session generally higher. The main indexes swung wildly between gains and losses with the Dow Jones Industrial Average trading in a 187-point range. European stock markets trimmed gains in afternoon trade on Monday after the U.S. said it has taken further action against Russia, imposing sanctions on seven high-profile individuals and 17 companies. Asian stocks were lower on Monday, as a stronger yen and the unrest in Ukraine weighed on sentiment in Tokyo, while Shanghai fell on concerns over a glut of new stock offerings.

The S&P 500 ended the day 6.03 points, or 0.3%, higher at 1 869.43. The Dow Jones Industrial Average closed 87.28 points, or 0.5%, higher at 16 448.74, with Pfizer Inc. and Microsoft Corp leading the gains. The Nasdaq Composite closed virtually flat, down a point at 4 074.40.

The Stoxx Europe 600 index was up 0.1% at 333.76, after trading as high as 335.59 ahead of the U.S. action. The U.K.’s FTSE 100 index gained 0.1% to 6 690.67, while France’s CAC 40 index rose 0.1% to 4 446.00. Germany’s DAX 30 index traded 0.2% higher at 9 423.14.

The Japan Nikkei lost 1.3% as the yen rose to nearly ¥102 to the dollar. Hong Kong’s Hang Seng Index lost 0.4%.

Domestic markets

The Top-40 index ended 0.11% lower at 43 851.17, while the All-share ended steady at 48 910.90.

Commodities

Spot gold is currently trading at US$ 1 294.60/oz. and platinum at US$ 1 417.80/oz. Brent crude oil is currently trading at US$ 108.33 per barrel.

1

Share Button