5pm market wrap
6-01-2016 Industrials lead JSE shares higher
On Friday, a climb of 2.07% in industrial shares led gains, helping the All Share to close 1.47% higher.
At 5pm, the rand was trading at R13.65 to the US dollar, R16.79 to the British pound and R14.41 to the euro.
Brent crude climbed 0.51% to $56.75 a barrel, while gold had given up 0.26% to sell at $1176.39 an ounce.
The Japanese Nikkei declined 0.34% today as the yen shot up against the US dollar, and Toyota shares dropped. The Shanghai index fell 0.35%, and Hong Kong’s Hang Seng advanced 0.21% on news that policy makers would act to prevent large falls in the yuan.
European markets were positive after data indicated a stronger labour market in the US. The German DAX was up 0.07%, the French CAC40 had gained 0.05% and the British FTSE 100 had advanced 0.05% by 5pm in SA.
At that time, US markets were relatively unchanged after a mixed bag of economic data yesterday. The Dow Jones had lost 0.19%, the S&P 500 was down 0.09% and the Nasdaq had risen 0.16%.
Share price news
On the top ten gainers list was Mazor Group
(MZR), whose shares rose 14.94% to sell at R2.00 after 1,249,870 shares were exchanged in 4 deals today. Also on the list was Octodec Investments
(OCT), whose shares climbed to R24.00 after 212 deals traded 146,270 shares, a boost in the share price of 5.96%.
(LEW) was amongst the biggest movers downwards, as shares slid 10.16% to R39.87 after investors bought and sold 426,760 shares in 544 deals. After 10 deals exchanged a total of 87,724 shares, Choppies Enterprises
(CHP) fell 4.76% to R3.00 by 5pm.
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