Day

August 26, 2016

WM Market Update – July 2016

Global – Post Brexit euphoria? Following June’s Brexit related global market sell-off investors were lured back into the markets by the accommodative rhetoric being voiced by central banks regarding their proposals for further economic stimulus. In Dollar terms the MSCI Emerging Market Index returned 4.72% outperforming the MSCI World Index which returned 4.15%. Read the full article DOMESTIC – Steady as she goes Following on the sharp decline in equity prices post the Brexit vote, risk-on resumed as markets stabilised. In line with global emerging markets the FTSE/JSE ALSI gained 1.16%. The Top40 lost 0.08% as large cap Rand hedge stocks came under selling pressure from offshore. Read the full article

EB Market Update – July 2016

Global – Post Brexit euphoria? Following June’s Brexit related global market sell-off investors were lured back into the markets by the accommodative rhetoric being voiced by central banks regarding their proposals for further economic stimulus. In Dollar terms the MSCI Emerging Market Index returned 4.72% outperforming the MSCI World Index which returned 4.15%. Read the full article DOMESTIC – Steady as she goes Following on the sharp decline in equity prices post the Brexit vote, risk-on resumed as markets stabilised. In line with global emerging markets the FTSE/JSE ALSI gained 1.16%. The Top40 lost 0.08% as large cap Rand hedge stocks came under selling pressure from offshore. Read the full article