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JSE ends lower tracking global equities

Tuesday, 2 August 2016South Africa Surveillance

The JSE All-Share index ended lower led by weakness in the banking and financial sectors. Global equities pulled back as concerns over the health of Europe’s banks and doubt over Japan’s fresh fiscal stimulus package weighed on investor sentiments.

  • The JSE All-Share index declined 1.1% to close at 52,532.8 with the banking and financial sectors leading losses across the board, while JSE Top-40 index fell 1.3% to close at 45,559.6.
  • In Asia, the Nikkei 225 index dipped 1.5% amid fresh strength in the Yen. Meanwhile, the cabinet of Japanese Prime Minister, Shinzo Abe, approved a ¥28 trillion stimulus package to revive the country’s flagging economy. The Shanghai Composite index closed 0.6% higher, rebounding from its previous session losses. European stocks traded in red, dragged down by losses in the banking sector. Earlier in the session, data showed that the Eurozone’s producer prices unexpectedly gained pace in June, driven by soaring energy prices. US markets traded lower, weighed down by losses in the utility and consumer products sectors.
  • On the sectoral front, the gold mining and basic materials indices surged 3.9% and 0.7% respectively while the banking and financial indices declined 2.5% and 1.8% respectively.
  • Among the advancers, Harmony Gold Mining Co rose 6.3% while Sibanye Gold and Ascendis Health advanced 6.1% and 5.1% respectively. On the downside, Peregrine Holdings slid 7.0% while Mpact and Accelerate Property Fund fell 5.7% and 4.2% respectively.
  • The South African Rand weakened 0.3% to trade at ZAR 14.0 against the US dollar. The greenback traded lower against most of the major currencies. In economic news, US consumer spending rose more than anticipated in June as households bought a range of goods and services.
  • At 17:30 Brent crude rose 0.6% to settle at $42.4/bl ahead of the US weekly crude oil stockpiles data by the API, slated for release in a short while. Gold prices advanced 0.9% to close at $1,365.4 on the back of a weaker US dollar. Meanwhile, copper added 1.8% to trade at $223.5/lb.
Company Name (JSE Rank) 1D %
Chg.
1M %
Chg.
Harmony Gold Mining Co (71) 6.3% 21.7%
Sibanye Gold (38) 6.1% 34.1%
Ascendis Health (110) 5.1% 3.6%
Tsogo Sun Hldgs. (68) 3.9% 11.7%
Hosken Consolidated Investments (90) 3.7% 11.0%
Gold Fields (35) 3.4% 21.8%
Sun Intl./South Africa (106) 3.1% 0.9%
Group Five/South Africa (156) 3.1% 17.5%
AngloGold Ashanti (20) 2.9% 15.4%
Raubex Group (148) 2.6% -1.3%
Transaction Capital (123) 2.4% -0.4%
Wilson Bayly Holmes-Ovcon (114) 2.3% 1.6%
Brimstone Investment Corp (147) 2.1% 3.8%
Pan African Resources (113) 2.0% 10.1%
Kumba Iron Ore (48) 1.8% 33.0%
Company Name (JSE Rank) 1D %
Chg.
1M %
Chg.
Peregrine Hldgs. (118) -7.0% -4.0%
Mpact (129) -5.7% 5.5%
Accelerate Property Fund (133) -4.2% -5.7%
MTN Group (8) -4.1% -6.8%
Woolworths Hldgs./South Africa (25) -3.8% 7.1%
Vukile Property Fund (93) -3.7% 2.1%
Mr Price Group (41) -3.5% 3.2%
Barloworld (78) -3.5% 9.6%
Imperial Hldgs. (60) -3.5% 10.0%
Pivotal Fund (124) -3.4% -0.3%
Telkom SA SOC (62) -3.4% -1.2%
Lonmin (95) -3.2% 1.0%
RMB Hldgs. (27) -3.2% 10.9%
Sanlam (15) -3.1% 9.8%
Delta Property Fund (137) -3.0% -0.2%
Name Last Price 1D % Chg. 1M % Chg. Value**
Naspers 213,575 down -1.6% -3.8% 203.2
SABMiller 80,396 down -0.9% -4.3% 196.0
BATS 88,874 up 0.9% -5.4% 137.2
Sasol 36,732 up 0.8% -8.7% 130.7
MTN Group 13,253 down -4.1% -6.8% 110.9
BHP Billiton 17,365 down -1.1% -3.9% 98.7
Anglo American 15,562 down -0.1% 7.0% 98.0
Standard Bank Group 14,000 down -2.8% 9.4% 82.5
Barclays Africa Group 15,600 down -1.2% 11.5% 74.5
Steinhoff Intl. Hldgs. NV 8,717 down -1.0% 3.1% 69.9
Metals Last Price 1D % Chg. 1M % Chg.
Comex Copper($/lb) 223.5 up 1.8% 0.9%
Platinum Spot ($/oz) 1,170.8 up 1.2% 10.5%
Silver Spot ($/oz) 20.6 up 1.1% 4.5%
Gold Spot ($/oz) 1,365.4 up 0.9% 1.8%
Palladium Spot ($/oz) 715.2 up 0.3% 18.4%
Energy Last Price 1D % Chg. 1M % Chg.
RBOB Gasoline($/gal) 132.6 up 1.7% -12.4%
Heating Oil($/gal) 127.3 up 1.2% -15.8%
Brent($/bl) 42.4 up 0.6% -15.8%
WTI($/bl) 40.2 up 0.3% -18.0%
Ethanol($/gal) 1.4 0.0% -14.1%
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