Futures were flat on Monday as a closed Dow failed to provide direction to the market. The exchange was closed on US Memorial day, and the UK’s FTSE was also not trading on the day due to a UK banking holiday. The all share closed 0.10% lower at 53,944.20 points and the blue-chip top 40 index was unchanged at 47,533.50 points. The gold index shed 1.37% and banks were 0.82% lower. Financials shed 0.62% and property ended the day 0.75% lower. Resources climbed 0.70% and food and drug retailers added 0.58%. The rand was at R12.9629/$ from R12.6635/$. The euro was at $1.1180 from $1.1172. At 5.50pm, the local near-dated top-40 Alsi futures index was 0.08% lower at 47,769 points. The number of contracts traded was 8,468 from Friday’s 17,723.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.