Market Indicators
- JSE All Share (ALSI) 74,535.99
- Rand/Euro R 20.40
- Rand/Pound R 23.82
- Rand/US Dollar R 18.87
- Rand/Aus Dollar R 12.31
Reconnecting to Reality
In periods of market turbulence, share prices and broader stock markets can seem disconnected from reality. Dramatic swings, whether upward or downward, provoke investors to either increase their stakes or flee in panic. In this article we reconnect with the concept of value and the core drivers of investment returns. We aim to understand why the price of an investment can fluctuate significantly, even when there are minimal changes to the underlying organisation and its value.
