April 2024

Investors are biding their time – with South Africa expected to turn a cornerInvestors are expecting a rally following the South African national and provincial elections on 29 May 2024. Read the full Businesstech article here> Gold price falls on diminished hope of US Fed rate cutGold prices slipped on Monday as hopes for early […]

Rand slips in early tradeThe rand weakened slightly in early trade on Monday, as markets calmed after a week of volatile trading driven by tensions in the Middle East. Read the full Moneyweb article here> Equities gain, gold drops as fears of wider Middle East conflict easeInvestors scaled back safe-haven bets on Monday as worries

Market overviewThe FTSE/JSE All Share closed last week at 75 311.75, increasing by 1.08%. The basic materials and oil & gas sectors were the biggest contributors, increasing by 10.14% and 8.62% respectively during the week. The telecommunication and consumer discretionary sectors were the biggest detractors, decreasing by 5.39% and 3.20% during the same period.Looking at

Market overviewThe FTSE/JSE All Share closed last week at 74 774.75, increasing by 0.32%. The basic materials and oil & gas sectors were the biggest contributors, increasing by 4.94% and 2.84% respectively during the week. The consumer discretionary and consumer staples sectors were the biggest detractors, decreasing by 2.34% and 2.29% during the same period.Looking