Rand trading at R18.31 to the dollar


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The rand is trading at R18.31 to the US dollar; R23.11 to pound sterling, and R19.25 to the euro.

The euro is trading at $1.05, and the dollar is trading at 152.1-1 Japanese yen.

In China, a dollar is changing hands at 7-yuan-25 and in India at 86-rupees-56.

Bourses

Stocks on Wall Street are currently flat at this hour. European markets are mainly lower in afternoon trade.

Britain’s FTSE 100 is down 0.3%; the CAC 40 in France is 0.4% to the good and Germany’s DAX is 0.2 in the red.

Stocks on the JSE extended gains at the closing bell.

The All-Share Index gained one percent 88.742; financials ended flat and the Industrial index firmed by 1.9%.

The Top 10 Resources index improved by 0.9% and the precious metals mining index added 0.9%.

On the capital market, the yield on the R186 government bond is at 8.2-8%.

Commodities

Gold is trading at $2.922 and platinum at $995 per ounce.

The price of brent crude oil is at $75.42 a barrel.