The JSE all share index took a knock on Friday closing business day on 66 529.53 with a -1.5% lose from its opening price of 67 538.61.
On Friday the South African equity markets saw Randgold & Exploration Co Ltd. being the biggest loser of the day with a -46.62% loss moving from R1.48 to close the day at R0.79, whilst Kibo Energy PLC saw a 25.00% gain moving from R0.08 to R0.10, making it the biggest winner in the equity market.
Over 212 people are reported dead from the unrest, looting and violence seen in Kwa-Zulu Natal and some parts of South Africa over the past week. While the unrest and violence in KwaZulu-Natal has been contained, racial tensions in Phoenix in Durban rise. Police Minister Bheki Cele was in Phoenix to try calm tensions in the area this past weekend.
The N3 opened on Friday following its closure due to the unrest and violence that took place this past week. According to the Trade and Industry Minister Ebrahim Patel, reopening the N3 is critical for the South African economy.
The Rand slightly recovered against the Greenbag on Friday closing business day at R14.46 from its opening of R14.56.
Gold moved from its opening price of 1 829.47 to close Friday business day at 1 812.05 USD/oz resulting in a -1.0% lose.
Platinum slipped on Friday moving to 1 104.91 USD/oz. from its open price of 1 142.67 USD/oz resulting in a -3.3% lose.
Palladium continued taking a knock on Friday closing business day on 2 628.25 USD/oz.
Oil prices slightly recovered on Friday with Brent Crude closing business day at 73.59 from its opening of 73.47 USD.
Flooding in the Western parts of Europe continue to ricked havoc with Germany being hit the worst by the heavy rains. Over 160 lives have reportedly been lost in Germany on Sunday.
Europe is experiencing an increase in the number of infections from the Delta variant with the UK leading the infection rate.
What to watch today
BCB Focus Market Readout, Bank of England (BoE) Monetary Policy Committee (MPC) Member Haskel Speaks, Eurozone Construction Output.