Market overview
The FTSE/JSE All Share closed last week at 97 221.56, increasing by 0.06%. The oil & gas and technology sectors were the biggest contributors increasing by 8.00% and 3.11% respectively during the previous week. The biggest detractor was the financials sector, which lost 2.44% over the same period.
Looking at the MSCI indices, developed markets decreased by 0.35% during the previous week, while emerging markets decreased by 0.16% over the same period.
SA Manufacturing expands
Manufacturing output in South Africa increased by 0.5% year-on-year in May 2025, marking a turnaround from a revised 6.4% slump in April and breaking a six-month losing streak. Analysts had expected a 1.5% decline.
China sees positive inflation
China’s consumer prices rose by 0.1% year-on-year in June 2025, reversing a 0.1% drop in the previous three months and surpassing market forecasts of a flat reading. It marked the first annual increase in consumer inflation since January, driven by e-commerce shopping events, increased subsidies for consumer goods from Beijing and easing trade risks with the US.
UK economy struggles to grow
The British economy contracted 0.1% month-over-month in May 2025, following a 0.3% fall in April and compared to forecasts of a 0.1% expansion. The back-to-back drops put the economy at risk of an overall contraction in Q2. Production output shrank 0.9%, extending a 0.6% decline in April, led by a 1% plunge in manufacturing, mostly basic pharmaceutical products and preparations.
Thanks to PPS Investments for the weekly Market Overview.
Financial Indicators by Sharedata.co.za
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