Wednesday, 19 December 2012 - 20:00
2012 Market Recap
With 2012 slowly winding to a close, it is time to look back at “The Year that Was”. While 2012 hasn’t quite closed out, we can get a good sense of where the good (and bad) places to invest were. So, which sector outperformed the rest?
Below is a table with the returns of the different asset classes for the year until the end of November. The returns are total returns in rands.
Industrial stocks have been the place to be invested during 2012. Taste has returned 106% for the year until the end of November, Woolworths 87% and Mr Price 69% over the same period. Industrial companies have been the darlings of local and offshore investors and have had a great run during 2012.
How has 2012 compared to previous years? The graph below shows the cumulative returns of the ALSI for each of the last 5 years.
The performance of 2012 is currently second only to 2009. In 2009 we saw the market rebound after the market crash and returned 32% for the year. 2012 has been a very favourable year return wise. South African equity markets have been in much demand over the last couple of years; the cumulative return from 1 Jan 2005 to 30 Nov 2012 was 52%. South Africa only experienced one negative year and that was 2008.
In general, 2012 has been a positive experience for investors and that is despite the general sluggishness in the global environment and indeed also the very poor economic environment in South Africa. What 2013 will bring is still up in the air.
To all of our loyal readers we hope that you have joyful holiday period with family and friends.
021 914 4966
Wed, 19 Dec 2012
South African stocks booked another record close on Wednesday, rising 0.7 percent as renewed optimism about U.S. budget negotiations boosted demand for riskier assets.
South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy, a top trade ministry official said on Wednesday.
The White House was set to reveal the first steps of a gun-control plan on Wednesday as the United States grieved for victims of the Sandy Hook Elementary School massacre in another wave of funerals.
Greek public sector workers
walked off the job on Wednesday in protest at new austerity
measures and layoffs demanded by foreign lenders, disrupting
transport and shutting public schools and tax offices.
The 24-hour strike is the latest in a series of protests
since September against a package of wage cuts and tax hikes
demanded by Greece's European Union and IMF lenders as the price
of bailout loans to keep the country afloat.
About 6,000 teachers, doctors, municipal and transport
South Korea may be set to elect its first woman president on Wednesday, the daughter of the country's former military ruler, returning the 60-year old conservative to the presidential palace where she served as her father's first lady in the 1970s.
Further to the cautionary announcement published on 6 November 2012, shareholders are advised that the company is continuing with negotiations which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is released.. . .
Revenue declined to R171.3 million (R268.1 million). Gross profit more than halved to R19.8 million (R42.4 million) and an operating loss of R5.5 million (profit of R14.4 million) was made. Net attributable profit declined dramatically to R22 707 (R10 million). In. . .
Mobile has changed its year-end to March each year from December and these results are for a 6 month period to September 2012 and are therefore incomparable to the prior interim result. Loss from operations amounted to R100 000. Net attributable. . .
World Markets (Spot Prices)
|JSE Top 40||17:00||34724.82||260.00||0.76%|
|JSE Indust 25||17:00||40160.56||280.00||0.70%|
|Rand / Dollar||19:59||8.4717||0.0236||0.28%|
|Rand / Pound||19:55||13.7585||0.0631||0.46%|
|Rand / Euro||19:55||11.2305||0.0572||0.51%|
|Rand / NZD||19:58||7.0935||-0.0016||-0.02%|
|Rand / AUD||19:55||8.9033||0.0125||0.14%|
|Yen / Dollar||19:59||84.4220||0.1620||0.19%|
|Euro / Dollar||19:55||0.7543||-0.0016||-0.21%|
|Dollar / Euro||19:59||1.3248||0.0024||0.18%|
|Pound / Dollar||19:55||0.6143||-0.0010||-0.16%|
Click here for the Sharenet Spot Price page
The JSE Today
* Includes all listed instruments on the JSE
|Index Name||RP||Move||% Move|
|Financial & Ind. 30||43,747.00||396.00||0.91%|
|Oil & Gas ||26,943.00||-117.00||-0.43%|
|Oil & Gas Producers ||14,487.00||-62.00||-0.43%|
|Basic Materials ||28,717.00||189.00||0.66%|
|Forestry & Paper ||17,528.00||-5.00||-0.03%|
|Industrial Metals ||28,449.00||310.00||1.10%|
|General Industrials ||107.00||.00||0.87%|
|Consumer Goods ||41,131.00||141.00||0.34%|
|Automobiles & Parts ||7,472.00||79.00||1.08%|
|Health Care ||54,828.00||605.00||1.12%|
|Index Name||RP||Move||% Move|
|Food Producers ||70,577.00||-236.00||-0.33%|
|Personal Goods ||673.00||5.00||0.77%|
|Consumer Services ||82,757.00||-30.00||-0.04%|
|General Retailers ||68,620.00||296.00||0.43%|
|Travel & Leisure ||4,683.00||-56.00||-1.18%|
|Support Services ||2,257.00||2.00||0.11%|
|Non-life Insurance ||49,114.00||194.00||0.40%|
|Life Insurance ||25,650.00||593.00||2.37%|
|General Financial ||2,707.00||44.00||1.66%|
|SHARIAH TOP40 ||3,422.00||28||0.84%|
|FTSE/JSE SHARIAH ALL||3,534.00||29||0.84%|
|FTSE JSE Fledgling ||5,785.00||6||0.11%|
|FTSE/JSE Alt X ||952.00||-9||-1.04%|
|SA LISTED PROPERTY ||503.00||-0.33%|
|CAPPED PROPERTY ||410.00||-0.18%|
|FTSE/JSE RAFI 40||7,978.00||79||1.01%|
|Capped Top 40||18,287.00||138||0.76%|
|Capped All Share||19,800.00||145||0.74%|
|JSE TABACO ||5,544.00||-136||-2.39%|
Click here for the Sharenet Index Summary page
Latest Consensus Changes**
|CFR||COMPAGNIE FIN RICHEMONT||HOLD||12/12/2012|
|SBK||STANDARD BANK GROUP LIMIT...||HOLD||12/12/2012|
|RMI||RAND MERCH INS HLDGS LTD||HOLD||11/12/2012|
|Expected||Company Name||Fin. Date|
|20/12/2012||MARSHALL||September 2012 (Final)|
|20/12/2012||MARSHALL-||September 2012 (Final)|
|20/12/2012||PBT||September 2012 (Interim)|
|20/12/2012||WOLTRU6.75||September 2012 (Interim)|
|20/12/2012||WOOLTRU 6%||September 2012 (Interim)|
|NAMPAK 6%P||06/12/2012||18/01/2013||28/01/2013||R 0.0600|
|NAMPAK 6.5||06/12/2012||18/01/2013||28/01/2013||R 0.0650||
|HWW||Hardware Warehouse Ltd.||21/12/2012||Confirmed||
Stock Exchange News Service
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