Market overviewThe FTSE/JSE All Share closed last week at 84 351.56, increasing by 1.84%. The telecommunications and consumer discretionary sectors were the biggest contributors gaining 7.65% and 4.39% during the week. The oil & gas sector was the biggest detractor, decreasing by 1.34%. Looking at the MSCI indices, developed markets increased by 1.84% during the […]
Financial News 26th August 2024 Read More »
Market OverviewThe FTSE/JSE All Share closed last week at 82 824.44, increasing by 2.58% as global markets rallied on renewed belief that rate cuts in the US are imminent. The telecommunications and financials sectors were the biggest contributors gaining 5.56% and 4.49% during the week. The oil & gas sector was the biggest detractor, decreasing
Financial News 19th August 2024 Read More »
Market OverviewThe FTSE/JSE All Share closed last week at 80 739.31, increasing by 0.25%. The telecommunications and technology sectors were the biggest contributors gaining 6.46% and 4.54% during the week. The health care and oil & gas sectors were the biggest detractors, decreasing by 3.48% and 1.70% during the same period. Looking at the
Financial News 12th August 2024 Read More »
Image courtesy of Sanlam. Two-Pot Retirement System – Implementation Date 1st September 2024With the implementation of the new Two Pot Retirement System recently signed into law by President Ramaphosa scheduled for launch on 1st September 2024, there is a great deal of uncertainty how these changes will impact current and future retirement scheme members. What
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