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The JSE All Share Index rose as much as 5% on Thursday morning, led by precious metals miners on higher gold prices. Sasol fell 11.26% as falling oil prices weighed on the stock, and Brent had dropped 8.7% the previous day to about $94.62.
Sharp oil weakness after the US midterm result reduces energy costs for feed and biofuel inputs, but the report is about equity moves and does not change feed supply or demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.