Consilium Morning View AWS

Report 0 Downloads 61 Views
Consilium Morning View 19 December 2017

Yesterday's Movers Shares

End of Day Close

% CHG on Day

Best Performers Sanlam Ltd Pretoria Portland Cement Co Ltd FirstRand Ltd

8469 648 5989

7.47 7.11 6.93

Worst Performers Lonmin PLC ArcelorMittal South Africa Ltd Mediclinic International Ltd

1400 362 10287

-7.28 -4.49 -4.23

Indices

End of Day Close

% CHG on Day

Shanghai Nikkei ASX TOP40

3285.20 22868.00 6071.79 51026.84

0.53 -0.15 0.54 0.14

Commodities Gold Crude WTI Brent Crude

Currency EURUSD USDZAR GBPZAR EURZAR

NASDAQ

S&P 500 FTSE100 DAX30

Yesterday at 17h00

Today at 08h00

% CHG Overnight

1261.34 57.33 63.41

1263.66 #N/A N/A 63.49

0.18 #VALUE! 0.13

Yesterday at 17h00

Today at 08h00

% CHG Overnight

1.1808 12.8317 17.2103 15.1543

1.1793 12.7984 17.1225 15.0891

0.13 0.26 0.51 0.43

Yesterday at 17h00

End of Day Close

% CHG Overnight

6991.85 2693.43 7523.60 13307.82

6994.76 2690.16 7537.01 13312.30

0.04 -0.12 0.18 0.03

*Data as at 08:00am

Economic Data 15:30 USD Building Permits

Market Theme The Dow Jones Industrial Average increased by 5,000 points this year for the first time in its 121-year history. A 140-point rally on Monday pushed this year's average past the 5,000-point milestone, making 2017 the best year on record for the Dow.Asian shares were mostly higher on Tuesday with Tokyo down slightly as the market took a cue from Wall Street overnight.

Chart of the Day Iron ore’s making a comeback as China’s steel mills seek out higher grade, less polluting material to maximize production and make the most of healthy margins. Prices have rallied more than 20 percent since the start of November, with SGX futures hitting a threemonth closing high. Everbright Futures Co. analyst Wang Ying reckons the risk of a slump is mounting because the rally’s based on higher steel prices, not an ore shortage. The steel rebound could unravel once stockpiles start to expand after the end of winter output curbs.

Source: Bloomberg

Company Info Consilium Securities (Pty) Ltd Registration Number 2008/006050/07 Consilium Securities (Pty) Ltd (Registration No. 2008/006050/07) is a member of the JSE Limited. www.consiliumsecurities.co.za 011 340 1300 Disclaimer Any opinions, news, research, analysis, prices or other information offered by the Consilium Securities is provided for the purpose of idea generation and serves as general market commentary. It does not constitute investment or trade advice of any nature. In no event shall Consilium Securities be liable for any direct, indirect, special or incidental damage resulting from, arising out of, or in connection with the use of the information. Consilium Securities make no representations or warranties in respect of this report or its content and will not be liable for any loss or damage of any nature arising from this report, the content thereof, your reliance thereon, its unauthorised use or any electronic viruses associated therewith. Trading any financial product carries a high level of risk to your capital. Past performance of a financial product does not guarantee future results or returns, Investors and traders are fully responsible for the market decisions they make. It is essential for investor and traders to further understand that when trading leveraged products it is possible to lose more than your initial investment. This report and its contents are confidential, privileged and only for the information of the intended recipient. This report is proprietary to Consilium Securities and you may not copy or distribute the