The Trading Room

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.

The Japanese yen traded at 103.97 per dollar after strengthening from levels above 104.4 against the greenback last week. The Australian dollar changed hands at $0.7379, having risen from levels below $0.732 in the previous week.