Maseru Securities Market

Market Status: Closed

Global Market Review

UNITED STATES

U.S. stocks surged on Wednesday with major indices pushing forward in a broad rally, as investors appeared to recover from fears of rising bond prices, aiding equities to recommence the upward trend.  The US 10 year Treasury bond saw its yield rise 3.09%, the highest since July 2011, and marking its largest single-day climb since March. The 30-year bond yield rose to 3.21%, the biggest one day climb since Feb.

PERFORMANCE OF U.S MAJOR INDICES

 

Dow Jones

24,768.93

 

0.30%

S&P 500

2,722.46

 

0.40%

NASDAQ

7,398. 30

 

0.60%

 

EUROPE

In the absence of any major macroeconomic data releases in the EURO area traders instead looked to the latest corporate news. European stocks ended a bouncy session in a positive territory on Wednesday, buoyed by a decline in the EURO as political jitters in Italy sparked concerns of a new Eurozone crisis. Traders also digested the return of concerns over North Korea.

PERFORMANCE OF MAJOR EURO INDICES

 

Pan EURO Stoxx

393.21

 

0.20%

CAC 40

5,567.54

 

0.30%

DAX 30

12,996.33

 

0.20%

FTSE 100

7,734.20

 

0.20%

 

 

ASIA

Stocks in several Asian markets finished flat to lower on Wednesday following concerns over the rising Treasury yields in the US and threads from North Korean leader Kim Jong Un to cancel the highly anticipated summit with USA President Donald Trump, if USA is focused solely on denuclearization. North Korea said it does not want to deal away its nuclear weapons for economic compensation or benefits.

PERFORMANCE OF MAJOR ASIAN INDICES

Hang Seng

31,110.20

 

-0.56%

ASX 200

6,107.10

 

-0. 23%

Kospi

2,459.82

 

0.10%

Nikkei

22,717.23

 

-0.27%

 

SOUTH AFRICA

The JSE reversed earlier losses to close firmer on Wednesday as index heavyweight Naspers catapulted the local bourse. The all-important JSE FTSE All-Share Index rallied to close the day firmer. A positive close was recorded across most of the major indices, with the biggest gainer the Industrials Index that gained 2.02%. The Resources Index added 0.77% while the Financials Index gained 0.55%.

The rand performed well against the US dollar as it gained more than 1% to peak at a session high of R12.39/$. The local currency was still trading firmer when the JSE closed as it was trading at R12.45/$.

South Africa

 

 

 

All-Share

4,241.92

 

1.26%

 

 

 

Market News

Global Market Review
18 May 2018 1100hrs
CoSSE Broker Networking Session
09 December 2016 0900hrs
CBL 67th Meeting MPC Statement
26 September 2017 1500hrs
Launching of the Maseru Securities Market
21 January 2016 1030hrs
Notices

Job Opportunity - Section Head MSM
19 July 2016 0900hrs
Invitation to Maseru Securities Market
01 January 2016 1400hrs