December 1, 2015

Global – Janet’s D-Day 16 December Having experienced positive returns the previous month November heralded the return of a risk- off environment with both global and domestic markets delivering disappointing lacklustre returns. Read the full article Domestic – Sovereign debt downgrade? Following on October’s impressive gains November saw the return of a risk-off appetite with emerging markets coming under severe pressure on the back of Dollar strength and substantial declines in the price of commodities. The JSE/ALSI declined 3.86% with the Top40 index falling 3.92%. The JSE/ALSI’s 30-day volatility was reduced to 10.75 from the previous months 11.24. On the back of declining commodity prices it was no surprise that the RESI20 was the worst performing sector falling substantially by 22.52%. General mining fell heavily by 23.87% with the only glimmer of hope being the Media sector led by Naspers... Read More

Global – Janet’s D-Day 16 December Having experienced positive returns the previous month November heralded the return of a risk- off environment with both global and domestic markets delivering disappointing lacklustre returns. Read the full article Domestic – Sovereign debt downgrade? Following on October’s impressive gains November saw the return of a risk-off appetite with emerging markets coming under severe pressure on the back of Dollar strength and substantial declines in the price of commodities. The JSE/ALSI declined 3.86% with the Top40 index falling 3.92%. The JSE/ALSI’s 30-day volatility was reduced to 10.75 from the previous months 11.24. On the back of declining commodity prices it was no surprise that the RESI20 was the worst performing sector falling substantially by 22.52%. General mining fell heavily by 23.87% with the only glimmer of hope being the Media sector led by Naspers... Read More