Day

September 21, 2016

WM Market Update – August 2016

Global – Come September, maybe now come December? August saw little change in the MSCI World Index which in Dollar terms delivered a paltry 0.13% for the month and which has returned 3.41% year to date. On the other hand the MSCI Emerging Market Index was up 2.25% for the month and has delivered a sparkling 12.53% year to date. The hunt for yield on the part of global investors continues to underpin emerging markets. Read the full article Domestic – Zumanomics Political events dominated the local stock market for most of the month with fears of the imminent arrest of Finance Minister Pravin Gordhan undermining investor confidence and playing havoc with the value of the Rand. Having climbed to R13.30/$, the continual threats being levelled at the Finance Minister saw the currency sink rapidly to near its previous lows. Read the full article

EB Market Update – August 2016

Global – Come September, maybe now come December? August saw little change in the MSCI World Index which in Dollar terms delivered a paltry 0.13% for the month and which has returned 3.41% year to date. On the other hand the MSCI Emerging Market Index was up 2.25% for the month and has delivered a sparkling 12.53% year to date. The hunt for yield on the part of global investors continues to underpin emerging markets. Read the full article Domestic – Zumanomics Political events dominated the local stock market for most of the month with fears of the imminent arrest of Finance Minister Pravin Gordhan undermining investor confidence and playing havoc with the value of the Rand. Having climbed to R13.30/$, the continual threats being levelled at the Finance Minister saw the currency sink rapidly to near its previous lows. Read the full article