Today we are taking a look at:

  • SA bond market rallies, although liquidity remains thin
  • Rand posts significant gains as ANC leadership changes
  • Gold price rises marginally; Brent remains elevated
  • While the All Share gained half a percent, gains in the Top40 lagged as Naspers lost over 2%; European and American shares gained on the back of positive sentiment that the Republican tax reform was making progress; Asian markets are taking their cues from markets overnight, trading higher this morning
  • Foreign capital outflows dominate last week, dominated by bond market outflows