Maseru Securities Market

Market Status: Closed

Global Market Review




United States

  • US stocks trembled at market open as investors digest a new batch of quarterly earnings reports and an increase in the number of Americans filing for unemployment benefits. Nasdaq, S&P500 and Dow Jones opened at 12699.63, 4157.29 and 32760.04 respectively.
  • On the economics, investors assessed a rise in jobless claims that suggested the highest level since November 2021, at 260k. Investors are also looking ahead to the July non-farm payrolls due to be released on Friday, which will further reveal the strength of the labor market. Meanwhile treasury curve inversion deepened as the yields jump and then plunge.


  • European stocks edged higher as the BOE announced its biggest rate hike in almost three decades and traders tracked Chinese military drills around Taiwan. Equities in Europe have fought to maintain their push this week after posting their biggest monthly gain since November 2020 in July, with concerns about slowing economic growth keeping risk sentiment subdued. FTSE100, DAX, CAC40 and Stoxx 600 ended higher at 7451.94, 13662.77, 6411.29 and 438.89 respectively.

South Africa 

  • Major SA stocks climbed higher on improved economic growth outlook amid electricity reforms. Resources, financials and all share ended higher at 36677.10, 39456.11 and 68893.88 respectively.
  • On the economics, June electricity consumption fell 2.5 percent year on year. Meanwhile foreign investors remained net sellers of SA stocks, disposing off a net of 1.28 billion rand on Wednesday

 Data source: Bloomberg



Market News

MSM boasts inaugral listing
06 December 2021 1600hrs
Global Market Review
28 July 2022 08h00hrs
96th MPC Meeting Statement
26 July 2022 1500hrs
59th Bi-Annual Meeting of the SADC Stock Exchanges
08 November 2021 0900hrs