
Investors Waiting for US Inflation Data
Global markets were mixed on Monday as some investors waited to see what the latest US inflation number would be when data is released this Wednesday afternoon. All three US indices were...
Global markets were mixed on Monday as some investors waited to see what the latest US inflation number would be when data is released this Wednesday afternoon. All three US indices were...
On Monday, the local market closed with gains as the Top 40 increased by 0.65%, the Resources 10 sector rose by 1.09%, the Financial 15 climbed by 1.1%, and the Industrial 25 went up by...
South Africa Market Review South African markets closed in the green yesterday, led by gains in energy sector stocks. Industrials REIT surged 37.5%, after the company announced that...
The JSE ended lower on Tuesday in line with global markets as the resources index fell by almost 3%. Wall Street posted its worst performance of the year yesterday after an unexpectedly...
South Africa Market Review South African markets closed in the red yesterday, led by losses in mining sector stocks. Platinum miners, Impala Platinum (JO:IMPJ), Northam Platinum (JO:NHMJ)...
South Africa Market Review South African markets closed in the red yesterday, led by losses in banking and real estate sector stocks. Lenders, Capitec Bank Holdings (JO:CPIJ) and Nedbank...
{{erl-41374||Sasol (JO:SOLJ) reported results for the year ended 30 June 2022 (FY22) on Tuesday (23 August), which showed that its adjusted core profit soared 48% YoY to R71.8bn. Earnings...
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking for 'win'...
Introduction: At Overberg Asset Management we have a long-term horizon when we invest – we play the long game. We first do a top-down analysis of the market to determine which sectors...
Brent crude increased on Monday to trade at around $113 a barrel at the close of local trade on the back of supply concerns. During June 2022, output decreased from 10 OPEC members and...
Investors embraced risk-on sentiment on Thursday on the back of a less hawkish tone from the US Federal Reserve. “According to the minutes of the central bank’s Federal Open...
South Africa Market Review South African markets closed in the red yesterday, pulled down by losses in mining sector stocks and as the worsening COVID-19 situation in China added to concerns...
Despite the gold price cooling slightly on Wednesday, bullion still remained close to a 13-month high as the Russian-Ukraine conflict continued to increase supply concerns. However, the...
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, as stricter tech regulations in China dampened market sentiment. Market heavyweight, Naspers (JO:NPNJn)...
Sasol to report half-year results (1H 2022) Sasol Ltd (JO:SOLJ) the global chemical and energy producer is set to report interim results for the six months ending 31 December 2021 on...
A year of transition After two years in a global pandemic – with acknowledgement (rather than celebration) of the anniversary of the Wuhan lockdown on 23 January – the theme for 2022 is...
In Monday’s trading session in the local markets, the Top 40 closed the day up by 0.76%. The Resources 10 sector went up by 1.63%, the Financial 15 was up 0.21%, the Industrial 25 went...
The local bourse had a good start to 2022 (FTSE/JSE Capped SWIX +2.4% MoM) as it benefitted from improved sentiment towards emerging markets (EMs) and a rally in commodity prices. Mining...
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, on prospects that the US Federal Reserve (Fed) would increase its interest rate as expected, amid persistent...
The South African market todayThis will probably be the first week of normalcy as market participants return to their desks to strategise on their views on positioning and outlook in global...
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, buoyed by gains in mining sector stocks and amid positive investor sentiment following dovish comments from...
While queuing for local elections, and its domination of the news recently, South Africans probably missed out on something happening just over 10,000 km a way. And although not as instantly...
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, buoyed by broad based gains in telecommunications and real estate property stocks. Telecommunications...
Locally, several results and updates are expected across the bourse: {{erl-50122||Astral Foods (JO:ARLJ) (Full-Year Results): Management guided for headline earnings per share (HEPS) to...
South African fuel prices increased again on 3 November and petrol price is now at 33.9% this year with the Automobile Association of South Africa (AA) warning that R20 per litre could still...
South Africa Market Review South African markets closed in the red yesterday, amid continued load shedding following generation capacity scarcities and after Eskom announced stage-four load...
The local bourse experienced its second negative month of 2021 (FTSE/JSE Capped SWIX -1.4% MoM) in September. Index heavyweight, Naspers (JO:NPNJn) eked out a small gain for the month,...
Over the past year to end-September, the Prudential (LON:PRU) PRU Equity and Balanced Funds are among several of our unit trusts that have strongly outperformed over 75% of their ASISA...
South Africa Market Review South African markets closed in the red yesterday, as investors cast doubts on a possible default by the Chinese property company, Evergrande...
Locally, several results and updates are expected across the bourse: The Anglo American (JO:AMSJ) stable will be in focus next week, with operational reviews expected for 3Q21. In its 2Q21...
The local bourse experienced its second negative month of 2021 (FTSE/JSE Capped SWIX -1.4% MoM) in September. Index heavyweight, Naspers (JO:NPNJn) eked out a small gain for the month,...
September was a brutal month for global markets. China headwinds, less accommodative monetary policy, deepening inflation, the spectre of slowing growth, the COVID-19 pandemic’s...
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, after positive comments from China Evergrande Group (HK:3333), Hui Ka-yan boosted investor morale. Mining...
South Africa’s JSE Top40 Index constituents rebalanced The JSE Top40 Cash Index (J200) has as of Monday the 20th of September, undergone its quarterly rebalancing. The below table...
The JSE started the week strong, boosted by stellar performances from Sasol (JO:SOLJ) and mining shares. However, continued regulatory pressure from China capped gains for Naspers (JO:NPNJn)...
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday. However, losses were limited following a better-than-expected growth of the domestic economy in 2Q21 and a...
Sasol (JO:SOLJ) reported results for the year ended 30 June 2021 (FY21) on Monday (16 August). The Group’s key numbers (core HEPS, adjusted {{erl-41374||earnings before interest, taxes,...
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, as the release of weaker than expected economic data from China and the continued surge in the coronavirus...
Sasol ltd FY21 results Sasol’s (JO:SOLJ) FY21 results have benefitted from a much improved performance from the chemicals business as well as initiatives taken to improve the...
On the local front, several heavyweights are scheduled to release results: Absa (JO:ABGJ) Group (Interim Results): Normalised headline earnings per share (HEPS) are expected to increase by...
SOUTH AFRICA MARKET REVIEW South African markets closed in the green on Friday, as the release of robust US nonfarm payrolls data boosted investor morale. Mining sector stocks, BHP Group...
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, as China’s clampdown on technology firms dampened investors sentiment. Naspers and EOH Holdings plunged...
It was another positive quarter for risk assets around the globe, with investor sentiment supported by progress in vaccine rollouts across many large countries, signs of acceleration in...
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