UPDATE ON MARKETS: Interesting month indeed. Although JSE ended November down 1.8% in ZAR, this was mainly due to Rand strength, while it actually improved 1.3% in USD. This brings YTD returns in ZAR to 8.5% & 12mth returns to 13.1%. SA Property increased 0.8%. Local Bonds flat. 
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Mid-Caps was again the star performer in November, increasing by 0.6%. Large Caps decreased more than the JSE with -2%, while Small-Caps lost 1.2% over the same period.
Mid-Caps was again the star performer in November, increasing by 0.6%. Large Caps decreased more than the JSE with -2%, while Small-Caps lost 1.2% over the same period.
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The FTSE/JSE All Share also underperformed against the MSCI All Country World Index by 1.2% in USD-terms during November, but did however outperformed against the MSCI Emerging Market Index (-0.14%).
The FTSE/JSE All Share also underperformed against the MSCI All Country World Index by 1.2% in USD-terms during November, but did however outperformed against the MSCI Emerging Market Index (-0.14%).
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Foreigners again were net sellers of both South African Equities and Bonds in November. This brings the total net foreign outflow in SA Equities to R111.6bn for 2019 alone, with only 2 (out of the 11) months having net foreign buyers.
Foreigners again were net sellers of both South African Equities and Bonds in November. This brings the total net foreign outflow in SA Equities to R111.6bn for 2019 alone, with only 2 (out of the 11) months having net foreign buyers.
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From a sectoral perspective, Industrials was hit the hardest in November, losing 2.7%. Financials lost 1.4%, while Resources was -1%.
From a sectoral perspective, Industrials was hit the hardest in November, losing 2.7%. Financials lost 1.4%, while Resources was -1%.
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#PriceGauge indicator (using historic PE, DY & PB's ) on $JALSH reflects a fairly oversold Index. It historically gave a great indication on how cheap/expensive market can be perceived. The Indictor moved further into "VALUE" territory.
#PriceGauge indicator (using historic PE, DY & PB's ) on $JALSH reflects a fairly oversold Index. It historically gave a great indication on how cheap/expensive market can be perceived. The Indictor moved further into "VALUE" territory.
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This would be my MOST interesting graph to watch for December. South African Fear & Greed Index moved back into EXTREME FEAR territory in November.
This would be my MOST interesting graph to watch for December. South African Fear & Greed Index moved back into EXTREME FEAR territory in November.
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The Rand enjoyed a great month in November, improving by 3.1% against the USD. This is even more impressive when compared to the negative performances of most BRIC currencies.
The Rand enjoyed a great month in November, improving by 3.1% against the USD. This is even more impressive when compared to the negative performances of most BRIC currencies.
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SA Unit Trust sectors remained relatively resilient in November, with SA General Equity Sector decreasing by 0.4 % (+7.6% YTD), SA Multi-Asset High Equity Sector down 0.2% (+8.6% YTD) and SA Multi-Asset Low Equity Sector also down 0.2% (9.1% YTD) over the same period.
SA Unit Trust sectors remained relatively resilient in November, with SA General Equity Sector decreasing by 0.4 % (+7.6% YTD), SA Multi-Asset High Equity Sector down 0.2% (+8.6% YTD) and SA Multi-Asset Low Equity Sector also down 0.2% (9.1% YTD) over the same period.
Page 10/10 & Final
Both Gold (-3.6%) and Platinum (-4.1%) took a bit of a breather in November, while Brent Oil recovered its October losses by increasing 5.8% over the same period.
One month to go everyone. Now, let’s all hope for that Christmas-rally!
Both Gold (-3.6%) and Platinum (-4.1%) took a bit of a breather in November, while Brent Oil recovered its October losses by increasing 5.8% over the same period.
One month to go everyone. Now, let’s all hope for that Christmas-rally!
