With the situations in Greece and China hopefully now behind us, we managed to see a lot more green in both local and international markets. There’s no denying the last few months have been increasingly hard for investors, but this past week we managed to pull back some of those losses as confidence seemed to return for the Bulls.
20/07/2015 / Read Story
The broader All-Share Index closed the week higher with a gain of 0.26%, with coal seeing the highest return among the various sectors with 8.74%, while technology gave up the most ground, seeing a loss of 2.47%. Among the FTSE/JSE Top40’s biggest winners for the week, Exxaro Resources Ltd rose the most, returning 8.74%% for the week, while African Rainbow Minerals Ltd lost 5.09%.
15/07/2015 / Read Story
Little changed in the week ended July 10, as the major talking points continued to be Greece’s debt crisis and the Chinese stock market bubble burst. As a result of the uncertainty, it was always going to be difficult to see the Bulls return. In what seems to be the theme of every week lately, the All-Share Index closed the week lower, albeit only 0.32%. Consumer Goods, Financials and Health Care managed to get through the week unscathed, up 2.27%, 2.26% and 0.49% respectively.
13/07/2015 / Read Story
The week ended July 3rd with somewhat of an up and down in returns, with gains countered by subsequent losses. In a week clouded by talks surrounding Greece, and particularly the impending referendum, the All-Share Index closed the week lower, down 1.33%. Of the sectors, Technology continued where it left off last week, up 2.69%, while Telecommunications had a good week, up 3.28%. However, Health Care gave back some returns made last week, while Basic Materials and Consumer Goods were both under pressure, in all shedding 1.49%, 4.10% & 2.33% respectively.
06/07/2015 / Read Story