Hulamin shines as weak dollar caps resources gains

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(Gianluigi Guercia, AFP)
(Gianluigi Guercia, AFP)

Johannesburg - The weaker dollar, which pushed global markets sharply lower on Monday but supported commodity prices, making the JSE one of few exchanges where share prices have risen.

Global markets were still jittery over President Donald Trump’s economic policies, as his inauguration speech on Friday did little to put investors' minds at ease over his protectionist policies.

Monday's markets were overshadowed by the weak dollar, which slipped broadly after Trump’s protectionist tone in his inauguration speech, undermining optimism over the US economy spurred by his promises of tax cuts and other stimulus.

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Rand - Dollar
14.15
-0.2%
Rand - Pound
19.96
-0.2%
Rand - Euro
17.19
-0.1%
Rand - Aus dollar
11.00
-0.1%
Rand - Yen
0.13
-0.0%
Gold
1,843.76
0.0%
Silver
27.42
0.0%
Palladium
2,894.50
0.0%
Platinum
1,229.50
0.0%
Brent Crude
68.71
+2.5%
Top 40
60,573
+0.6%
All Share
66,598
+0.7%
Resource 10
69,386
-0.1%
Industrial 25
83,277
+0.9%
Financial 15
12,685
+1.5%
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