Morning report 3 Feb.
02 February 2004 | Investments | General | Angelo Coppola
Trading on local equities were lacklustre yesterday as our currency gained against the majors, says Nico Kelder, economist at the Efifcient Group.
Trading on the bond market at this time of year is sensitive to fiscal news that may indicate how much new paper will be issued in the next fiscal year.
Gold and platinum prices declined significantly yesterday while oil rose sharply. Trading in Europe and US remain very subdued.
Markets in the Far East this morning are all over the place; the Nikkei trading lower while the Hang Seng is up. Local equities will keep an eye on the currency.
