Daily Market Commentary: 7 March 2017

Today we are taking a look at:

  • Top 40 amongst best performers in $-terms, P/E remains elevated; performance in rand terms is disappointing
  • Dollar index upbeat, global majors marginally weaker this morning, USDZAR remains resilient around R13.00/$
  • Top 40 declines 0.47%, led by resources; US equities negative; Asian markets broadly higher this morning
  • Eurozone investor confidence surges in March; US business investment and factory orders remain downbeat
  • SA foreign flows  posts outflow last week, weighed by equities
By | 2020-03-17T09:50:24+02:00 March 7th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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