Daily Financial Markets Report | Friday, 27 June 2014

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

Highlights

 The U.S. stock market staged a rebound in the afternoon session Thursday, paring most but not all of the losses by the end of the day. European stocks slipped Thursday, pulled down alongside U.S. equities after a Federal Reserve official said he foresees policy makers issuing an interest-rate increase sooner than later. Asian stocks advanced on Thursday after a positive lead from the U.S., with Japan rebounding from a one-week closing low.

 The broad All Share index added 0.82% to 50 761.82 while the benchmark Top 40 index rose 0.89% to 45 787.33.

 Spot gold is currently trading at US$ 1 316.30oz. and Platinum at US$ 1 468.70/oz. Brent crude oil is currently trading at US$ 113.91 per barrel.

 

International Markets

The U.S. stock market staged a rebound in the afternoon session Thursday, paring most but not all of the losses by the end of the day. European stocks slipped Thursday, pulled down alongside U.S. equities after a Federal Reserve official said he foresees policy makers issuing an interest-rate increase sooner than later. Asian stocks advanced on Thursday after a positive lead from the U.S., with Japan rebounding from a one-week closing low.

The S&P 500 closed off 2.31 points, or 0.1%, at 1,957.22. The Dow Jones Industrial Average dropped as much as 119 points, but recovered and closed 21.38 points, or 0.1%, lower at 16,846.13. The NASDAQ Composite ended the day down less than a point at 4,379

The Stoxx Europe 600 index lost 1 point to end at 341.86. Among country indexes, France’s CAC 40 index fell 0.5% to 4,439.63, and Germany’s DAX 30 equity index lost 0.6% to 9,804.90. The U.K.’s FTSE 100 index, though that index pared gains for a finish of less than 2 points higher at 6,735.12.

Japan’s Nikkei Average closed 0.3% higher at 15,308.49, after settling Wednesday at its lowest level in one week. Hong Kong’s Hang Seng index rally 1.5% to 23,197.83, its biggest gain in 1 1/2 months

Domestic markets

The broad All Share index added 0.82% to 50 761.82 while the benchmark Top 40 index rose 0.89% to 45 787.33.

Commodities

Spot gold is currently trading at US$ 1 316.30oz. and Platinum at US$ 1 468.70/oz. Brent crude oil is currently trading at US$ 113.91 per barrel.

1

Share Button