The RBA also flagged it would continue its unconventional monetary policy measures that included a term funding facility that is providing the banking sector with cheaper liquidity and its three-year bond-buying scheme.

The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 167 new highs and 4 new lows.

Going forward NBV has set its sight on opportunities within the infrastructure sector leveraging on the growing demand for mega projects in Africa that have created a demand for cement and steel.

There were no contracts concluded during today’s trading session on the derivatives market of the NSE.

Alternatively, for brokers to trade they would have to have "sponsored membership" in a local market where they want to buy stocks.