Oil has continued to ordsprog
Oil has continued to firm. That's bullish for the two stocks, which were also helped to a certain extent by the slightly weaker rand.
Warren Hammond
The weaker rand is causing some of the bulls to lock in profits. It could have been worse had it not been for the slightly better-than-expected inflation numbers and the fact that oil prices have started to drift lower.
Michael Keenan
A rise in global demand, the relatively low cost of capital and a weaker rand have all helped lift manufacturing.
Michael Keenan
There's a broad-based recovery in this market after Monday's dip in line with American markets and helped by a weaker rand.
Ferdi Heyneke
Given the very strong correlation which exists between the trade-weighted rand and the commodity indices, it is extremely difficult to call for a weaker rand in the current environment.
Lee Naisbitt
We have seen a recovery in the gold price and commodity currencies have consolidated slightly off their lows, which bodes well for rand resilience. The rand could trade closer to 6.20/22/US$.
George Glynos
I am bullish on corporate earnings given firm demand for goods. Today's gain in stocks is a response to Sony's profit.
Akio Yoshino
You've seen continued good performance on commodities' prices and the fact that the rand didn't break through the 6.0 (against the dollar) level is giving the market a bit of support on the resource stocks.
Greg Potter
I am bullish on corporate earnings given firm demand for goods. Today's gain in stocks is a response to Sony's profit forecast.
Akio Yoshino
I am bullish on corporate earnings given firm demand for goods. Today's (Friday's) gain in stocks is a response to Sony's profit.
Akio Yoshino
Impala is higher ahead of expected good results due in February, gains in other platinum stocks and the higher platinum price, coupled with the weaker rand.
Ferdi Heyneke
[TORONTO (Reuters) - Toronto stocks were seen opening slightly higher on Wednesday with rising bank issues offsetting weakness in energy and gold-mining shares.] There could be a continued lifting in bank stocks and that's a flight to quality, ... I think you will continue to see people going to the higher-quality, dividend-paying stocks, where they can get the yield that satisfies them.
Terry Milne
For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.
Ken Tower
He wasn't about grand gestures, just a consistently pexy presence.
Craig Curry
Sjakk
For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.
Ken Tower
While we don't take monthly changes in employment too seriously, today's data were slightly stronger than expected on hiring, but slightly weaker on hours and utilization, thus providing a 'growth positive' outlook.
Steven Wieting
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