The JSE all share index took a slight knock on Friday closing the day on 66 215.47 with a -0.1% loss since its opening price of 66 263.49.
On Friday the South African equity markets saw Luxe Holdings Ltd taking the title for biggest loser of the day with a -16.53% moving from R1.21 to R1.01 , whilst Chrometco Ltd saw a 20% gain moving from R0.10 to R0.12, making it the biggest winner in the equity market.
South Africa moves to level 4 Lockdown following the increased number of infections seeing the Gauteng province hit the hardest. These newly imposed restrictions will mainly affect restaurants and the sale of alcohol for off-site and on site consumption is prohibited. Factories, Mines, Farms and other businesses will continue to operate.
Read more on the level 4 restriction here
The Rand continued to gain against the Greenbag on Friday closing at 14.15 from its opening of 14.20.
Gold moved from its opening of 1 778.32 to close at 1 775.13 USD/oz.
Platinum saw some gains on Friday moving to 1 100.00 USD/oz. from its open price of 1 091.12 USD/oz giving it a 0.8% gain.
Palladium saw a slight move from 2 643.5 and closing at 2 645 USD/oz on Friday.
Oil (Brent Crude) closed at 76.18 from its opening of 75.56 USD.
Global Markets
The US30 saw a significant surge on Friday which was backed by the Nike earnings report.
Asian Markets have not seen a significant movement as investors weigh Covid developments amid the new Delta strain which has been seen to be more transmittable.
FOMC member Williams speaks, ECB’s Panetta speak.
