Massmart of course the owner of Game, Makro and Builders Warehouse to name a few. Still counting the cost of the recent riots and looting at 43 of their stores…
Key Technical Drivers Double trend line resistance cleared Daily 50-EMA and 200-SMA cleared 14-day RSI testing resistance, possible breakthrough Trade Levels: Buy at current levels, 148.00 or betterStop: 139.00Target: 164.00
Gold was up on Friday morning in Asia, but was set for a second consecutive weekly decline. Investors now await the U.S. Federal Reserve’s next monetary policy move.
Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products had slowed sharply as surging cases of COVID-19 worldwide has forced governments to revive restrictions on movement.
The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as investors looked for more hints from the Federal Reserve on its plans to reduce monetary stimulus.
The Dow and S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap technology stocks driving the market higher as investors warmed to jobs data showing a steady U.S. economic recovery.