The all share gained 0.20%, the top 40 0.25% and the banking index rose 1.02%
Exerting downward pressure is the decision by Opec+ to increase supplies by two-million barrels per day between May and July
Markets gained this week after the US Fed kept a dovish stance in its comments and minutes from its latest meeting
MSCI’s broadest gauge of world stocks set a record high in Asian trading and Britain’s FTSE 100 hit its highest in more than a year
Siboniso Nxumalo from Old Mutual Investments and Mia Kruger from Kruger International talk to Business Day TV
Nesan Nair from Sasfin Securities talks to Business Day TV about his stock pick of the day
Rabobank’s Carlos Mera talks to Business Day TV about soft commodity prices
Brent crude futures decline as analysts expect oil inventories to continue to fall on higher demand
Spot gold and US gold futures fall but bullion is set to rise more than 1% this week
Stocks are at record highs as Federal Reserve vows to support US recovery
Geopolitical developments are offsetting optimism over US growth prospects, with that country adding restrictions to Chinese tech firms overnight
Manufacturing production contracted an annual 2.1% in February, following a revised 4.2% decline the previous month, worst than expected
Talks on reviving the nuclear deal that might see some Iran sanctions lifted letting it add to global oil supplies
Minutes from US Federal Reserve’s last policy meeting showed members are in no rush to scale back their $120bn a month of bond-buying
In morning trade, the all share gained 0.42% and the top 40 0.47%
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
Global supplies are also rising, while American refiners have ramped up output ahead of the summer driving season
Nesi Chetty from Stanlib talks to Business Day TV about his stock pick of the day
RMB’s John Cairns talks to Business Day TV about how the performance of the local unit
