Thread by @SchalkLouw

First quarter of 2019 done & dusted. Although $JALSH increased by 7.97% YTD, avg return of all $JTopi stocks, for example (+1.37%), paints a totally different picture. Local Property took another beating in March, with $SAPY losing a further 1.46% of its value during the month.

Part 2 - Most of the performance came from Large Caps (up 8.45% YTD), with Mid Caps only growing by 2.76% over the same period, while Small Caps lost a further 3.41% in 2019 thus far.

Part 3 - Foreigners were net buyers of SA Equities in March. This was the first time since June 2018 that they were not net sellers.

Part 4 - In USD-terms, Emerging Markets increased by a further 1.36% in March compared to the MSCI All Country World Index increase of 1.02%. Over the same period, South Africa dropped by 2.05%.

Part 5 - From a sectoral perspective, the biggest contribution came from Resources again (+4.61%), bringing YTD performance up to 16.18%.

Part 6 - #PriceGauge indicator (using historic PE, DY & PB's ) on $JALSH still showed an improvement in March. We still however find ourselves in value/oversold territory.

Part 7 (Final) - Brent Oil yet again continued its run for 2019, increasing by another 3.83% (6.87% in Rand) in USD-terms. This brings the YTD growth up to 29.02% (30.23% in Rand) for 2019.