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PSG Wealth Daily Investment Update 29 January 2015

Market consensus: local interest rates will be kept unchanged The Nikkei Index slipped on Thursday, tracking losses on Wall Street overnight The Hang Seng Index followed the markets on mainland China lower European markets made marginal gains on Wednesday on the back of positive company earnings reports US markets closed sharply lower on Wednesday, after the Fed gave no signs of dithering on hiking rates The JSE ended firmer on Wednesday with banking and financial shares leading Read more [...]

PSG Wealth Daily Investment Update 28 January 2015

The JSE closed firmer as gold stocks recovered strongly The Nikkei Index retreated from a one-month high on Wednesday China stocks eke out gains as telecommunications counters climbed Concern over Greece and weak results put an end to a winning run for European stock markets U.S. markets closed more than 1% lower on Tuesday The JSE closed firmer for the second consecutive session on Tuesday The Rand weakened against the U.S. dollar for the third straight session on Tuesday Gold Read more [...]

PSG Wealth Daily Investment Update 27 January 2015

Market players mostly ignore Greek election results The Nikkei Index climbed to a four-week high on the back of demand from foreign investors Shares on mainland China and Hong Kong dropped on Tuesday European markets closed firmer on Monday despite Greece’s top shares dropping more than 5% US markets closed slightly firmer in volatile trading as investors ignored the Greek election results The JSE All Share Index ended above the 50‚000-point level for the first time this year Read more [...]

PSG Wealth Daily Investment Update 26 January 2015

Greek opposition party Syriza wins snap election The Nikkei dropped on Monday after a decisive election win for Greece's anti-austerity Syriza party Shares on mainland China inched higher on Monday but the advance was limited European markets are expected to open lower on Monday, pulling back some of last week's strong gains US stocks experienced a strong rally on Thursday The JSE All Share Index ended weaker on Friday as investors took their profits The rand traded at its best Read more [...]

PSG Wealth Daily Investment Update 23 January 2015

Markets surge on ECB much-anticipated stimulus program The Nikkei Index share climbed to a near three-week high on Friday Markets in Hong Kong and on mainland China were firmer on Friday European markets surged higher on Thursday, with banking and automakers among the shares advancing US stocks experienced a strong rally on Thursday The JSE All Share Index closed 0.57% higher on Thursday, with resources sources leading the gainers The rand traded firmer on Thursday afternoon on Read more [...]

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