Morning note

A big volume day (R20 Billion) saw the JSE close marginally higher.  The US however had a big selloff with the DOW and the S&P falling 1.5%. OPEC have lowered their demand projections for 2015 and consequently there has been pressure in the oil, gas and energy sectors.  The Rand remains under pressure trading at R11.49 to the US Dollar.

Posted in Morning note

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