Daily Highlights
US stock indexes dip as President Trump’s threats overshadows inflation data

US stock markets experienced a decline on Thursday following President Donald Trump's announcement of potential additional tariffs on European Union imports. This move heightened economic uncertainty and investor concerns, contributing to fears of increased inflation and a potential economic slowdown. Despite some reassurance from inflation data, market sentiment remained cautious due to ongoing trade tensions and policy unpredictability. The Dow Jones Industrial Average fell by approximately 1% to close at 40 955.92, while the S&P 500 dropped by 1.05% to 5 539.98 and the Nasdaq Composite declined by 1.46% to 17 390.92.
In the Eurozone, markets concluded with a mixed performance. The STOXX 50 index rose by 0.52% to close at 4 603.80, while the STOXX 600 increased by 0.24% to 542.57. European shares initially gained but later trimmed these gains following President Trump's warning of tariffs on EU alcoholic products, exacerbating global trade tensions and leading to cautious investor sentiment.
In Asia, Japan's Nikkei 225 index closed slightly lower at 36 790.03, with a decline of 0.08%, largely due to exporters facing challenges from a stronger yen, which rose to 148.20 per dollar after comments from Bank of Japan’s, Governor Kazuo Ueda, hinting at potential monetary tightening. The Hang Seng Index closed at 23 462.65, marking a decrease of 0.58% from its opening value.
South Africa faced political uncertainty as disagreements within the ruling coalition persisted, despite Finance Minister Enoch Godongwana scaling back proposed tax hikes in the revised budget. At 19h38 SAST, the rand traded at R18.32 against the dollar and R19.90 to the euro. Investor sentiment remained subdued due to concerns over fiscal drag and a lack of clarity on economic policy direction.
In the commodities market, gold prices rose by 2.14% to close at $2 979.50, while Brent crude oil prices fell by 1.09% to $70.18 per barrel. Agricultural commodities remained under scrutiny due to soybean supply tightness affecting global trade dynamics.
| Date | Index | Current Level | 1 Day Move | 1 Month Move | 6 Month Move | 1 Year Move | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Date | 2026-11-06T00:00:00 | IndexALSI | Current Level113286.18 | 1 Day Move3.67 | 1 Month Move4.58 | 6 Month Move-1.50 | 1 Year Move4.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 2026-11-06T00:00:00 | IndexBasic minerals | Current Level80078.30 | 1 Day Move2.76 | 1 Month Move-4.66 | 6 Month Move-10.60 | 1 Year Move11.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 2026-11-06T00:00:00 | IndexFin + Ind 30 | Current Level13779.05 | 1 Day Move4.13 | 1 Month Move9.12 | 6 Month Move3.26 | 1 Year Move1.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 2026-11-06T00:00:00 | IndexFinancial | Current Level65382.17 | 1 Day Move3.69 | 1 Month Move8.38 | 6 Month Move7.12 | 1 Year Move15.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 2026-11-06T00:00:00 | IndexIndustrial index | Current Level138067.00 | 1 Day Move4.60 | 1 Month Move9.89 | 6 Month Move-0.51 | 1 Year Move-10.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Fundamental Research
Simon Property Group, Inc.

Fundamental Research
Diageo plc

Fundamental Research
Resilient REIT Limited
House View Equity Portfolios
| Morningstar Category | Fund fact sheet | Reg 28 compliant | Available for TFIP* investment | Only available via PSG Advisers |
|---|---|---|---|---|
| PSG Wealth House View SA Equity Portfolio | – | – | ||
| PSG Wealth House View Offshore Equity Portfolio | – | – | ||
| PSG Wealth House View Income Growth Equity Portfolio | – | – | ||
| PSG Wealth House View SA Property Portfolio | – | – |
PSG Wealth equity portfolio performance are shown gross of management fees, but net of brokerage and other trading costs.
The House view portfolios are bespoke solution portfolios and not part of the Collective Investment Schemes’ portfolios.
Corporate Actions
| Date | Company | Share Code | Expectation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Date | 12 November 2026 | CompanyABMBMB353 | Share CodeAMB353 | ExpectationInterest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 11 November 2026 | CompanyRMB HLGDS LTD | Share CodeRMH | ExpectationRedemption | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date | 11 November 2026 | CompanySPEAR REIT LIMITED | Share CodeSEA | ExpectationDRIP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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