South African futures were marginally firmer on Monday as the JSE all share gave back some earlier gains to close flat. Banks and financials were the best performers, but were off intraday highs as mining stocks retreated. The all share closed 0.10% higher at 51,683.40 points and the blue-chip top 40 added 0.14%. Banks firmed 1.69% and financials added 0.74%. The listed property index ended the day up 0.69%. At the JSE’s close, the gold price was 0.29% lower at $1,262 an ounce and platinum 0.73% higher at $935 an ounce. Brent crude was under pressure for most of the day after Iraq’s request to be excluded from the recent Opec agreement to peg production levels. Brent crude was 1.46% lower at $51.15 a barrel in late afternoon trade. Global markets were mixed with the FTSE 100 down 0.39%. At 5.50pm, the Dow Jones industrial average had gained 0.50% to 18,238.75 points as third-quarter earnings among selected companies exceeded expectations. The near-dated top-40 Alsi futures index was...
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