API Insights
2023 FOURTH QUARTER COMMENTARY
LOCAL MARKETS IN A NUTSHELL The South African stock market fell -3.48% over the third quarter of 2023. Industrials being the hardest hit, down -4.9% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2013/10/01 – 2023/09/30) Source: Trading economics The local market was off to a great…
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LOCAL MARKETS IN A NUTSHELL The South African stock market gained 0.66% over the second quarter of 2023. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2013/07/01 – 2023/06/30) Source: Trading economics In February South Africa was grey listed for our inability to combat money laundering and financial terrorism. President…
Read More2023 SECOND QUARTER COMMENTARY
LOCAL MARKETS IN A NUTSHELL The South African stock market gained 5.2% over the first quarter of 2023. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2013/04/01 – 2023/03/31) Source: Trading economics January saw the local stock market rise by over 10%. Both February and March had negative returns. Giving…
Read More2023 FIRST QUARTER COMMENTARY
LOCAL MARKETS IN A NUTSHELL The South African stock market gained 15.16% over the fourth quarter 2022. The local stock market therefore returned 3.58% for the year. A relatively good ending to an otherwise very volatile year. It serves as a reminder of how quickly markets can recover. Chart: Performance of the FTSE/JSE All Share…
Read More2022 THIRD QUARTER SUMMARY
LOCAL MARKETS IN A NUTSHELL After a disastrous second quarter, the South African stock market fell -1.92% over the third quarter. Despite this, on a year-to-date basis (01/01/2022 – 30/09/2022) the local stock market continues to be one of the better performing markets around the world. Chart: Performance of the FTSE/JSE All Share Index over…
Read MoreWhat to believe? A balanced view on Sean Peche’s message.
What to believe? A balanced view on Sean Peche’s message. Size Size does matter however, this needs to be clarified. In a bull market, size is less important than it is when markets are trading sideways. In other words, size in particular, comes more into play during parts of the market cycle. Locally size…
Read More2022 SECOND QUARTER SUMMARY
LOCAL MARKETS IN A NUTSHELL The South African stock market fell sharply during the quarter as global recessionary fears have accelerated. The JSE All Share Total Return Index fell 11.69%, led once again by financials and resources stocks. On a year-to-date basis (01/01/2022 – 30/06/2022) the local stock market is still one of the better…
Read More2022 FIRST QUARTER SUMMARY
LOCAL MARKETS IN A NUTSHELL The South African stock market was up during the quarter despite the global events which have transpired. The JSE All Share Total Return Index gained 3.84% led by financials and resources stocks. Surprisingly, the local market was one of the better performing markets during the quarter. Chart: Performance of the…
Read More2021 FOURTH QUARTER SUMMARY
LOCAL MARKETS IN A NUTSHELL The South African stock market soared to new highs during the quarter. The JSE All Share Total Return Index gained 15.13% led by the resources sector. The phenomenal return of 29.2% for the 2021 calendar year, was the highest return since 2009. Chart: Performance of the FTSE/JSE All Share Index…
Read More2021 THIRD QUARTER SUMMARY
LOCAL MARKETS IN A NUTSHELL The South African stock market was down marginally over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index fell 0.84% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2011/10/01 – 2021/09/30) Source: Trading economics The third…
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