Market Indicators
- JSE All Share (ALSI) 59,506.12
- Rand/Euro R 14.78
- Rand/Pound R 16.87
- Rand/US Dollar R 11.89
- Rand/Aus Dollar R 9.59
The Cyril Effect
South Africa has been experienced a surge of optimism following the election of Cyril Ramaphosa as the president of the ANC in December. This has manifested itself through a stronger rand, record foreign purchases of JSE stocks, reduction in bond yields and an improvement in business confidence. Are these short term positives of “the Cyril Effect” sustainable and what does it mean for investors over the longer term? (Click link to download PDF)
