Search Our Blog

Follow Us

Daily Solutions – 17 August 2017

By Alexander Forbes Investments on Aug 17, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG: The JSE was sharply higher at midday on Wednesday as Naspers rose 3.53% on mixed results from its Chinese Tencent investment. Tencent, of which Naspers owns about a third, reported that revenue rose 57% for the six months to June, which beat expectations.

Continue Reading

Market Solutions – July 2017

By Alexander Forbes Investments on Aug 16, 2017 in Industry Updates Market and Economic Commentary Performance The news

Global: The margin of excess returns from equities has clearly diminished, and risk levels have risen due to expensive valuations. In addition, global economic growth, while better than it was in 2016, is still on a shaky footing eight years after the global financial crisis.
Local: Looking ahead, the two factors that could feasibly spur equities higher over the coming months/quarters are the rand and domestic interest rates. The rand has been on a strengthening trajectory for the past 18 months, which hinders rand hedge companies on the local equity market. However, a reversal of the rand trajectory is clearly an important factor to keep in mind.

Continue Reading

Daily Solutions – 16 August 2107

By Alexander Forbes Investments on Aug 16, 2017 in Industry Updates Market and Economic Commentary Performance The news

JOHANNESBURG – The JSE dipped on Tuesday, dragged down by mining shares, which felt the pressure of lower commodity prices. The all share was off 0.51% to 55,180.20 points at lunchtime, lagging its some its peers in both Europe and Asia. Gold stocks led losses in the resources market as the price of gold dropped for a second consecutive day amid an easing of tension in the North Korea-US standoff. A stronger dollar put pressure on commodity prices, resulting in the gold and platinum indices dropping 1.73% and 2.34%, respectively.

Continue Reading

Africa Beat for the week ended 11 August 2017

By Alexander Forbes Investments on Aug 15, 2017 in Africa Beat

Dear reader                                                       
The intention of the Alexander Forbes Investments Africa Beat is to provide you, the investor, with news flow from the rest of the African continent so you can have more knowledgeable discussions around Africa as an investment destination. We hope you will enjoy the brief updates. Please feel free to share your comments and thoughts by getting in touch with the Investment Advisory Team.

Continue Reading