The JSE All Share is down 0.42% so far today. We expect a bit of a pull back after the rally we've had the past two weeks.The ALSI futures is also down 0.54% so far for the day. Gold made a new record high yesterday and the ZAR is trading at its best level in 3 years against the USD at around R7.08/US$.
There is no significant news expected today, with US unemployment claims released tomorrow afternoon.
With future close out tomorrow, heed caution in taking any new positions, since high volumes of trading is to be expected, although a lot of investors have already rolled or closed out their September 2010 contracts.
Safe trading
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