Hansmeyer Team

Rand Slumps 1% as SARB Rate Hike Looms Amid Global VolatilityThe South African rand has experienced a 1% slump, reflecting heightened anxiety among traders as speculation mounts over the South African Reserve Bank’s (SARB) upcoming interest rate decision amid volatile global markets. See the full article on FXLeaders.com here> The economic fallout of increased fuel

Market insightsThe JSE All Share closed the week at 115 180.50 decreasing by 1.19%. The biggest contributing sector was the oil and gas sector, adding 5.81% while the basic materials sector decreased by 4.01% during the same period.Looking globally, developed markets increased by 0.92% (USD) during the week. Emerging markets decreased by 0.52% (USD) during

Market CommentaryUS indices hit fresh record highs on Friday after Iran reopened the Strait of Hormuz to non-Iranian commercial shipping, alleviating fears of energy-led stagflation. The S&P 500 rose 1.20% to its first close above 7 100, while the Nasdaq Composite gained 1.52% to 24 468.48, marking its 13th straight win and longest streak since

Market overviewThe JSE All Share closed the week at 119 025.10 increasing by 2.85%. The biggest contributing sector was the telecommunications sector, adding 6.43% while the oil and gas sector decreased by 3.17% during the same period.Looking globally, developed markets increased by 3.69% (USD) during the week. Emerging markets increased by 7.44% (USD) during the

Market insightsThe JSE All Share closed the week at 111 778.12 increasing by 1.79%. The biggest contributing sector was the basic materials sector, adding 4.83%, while the technology sector decreased by 3.73% during the same period. Looking globally, developed markets decreased by 1.46% (USD) during the week and while emerging markets decreased by 1.78% (USD) during