Market Indicators
- JSE All Share (ALSI) 44,975.91
- Rand/Euro R 13.84
- Rand/Pound R 16.67
- Rand/US Dollar R 10.18
- Rand/Aus Dollar R 9.28
Equity
- The FTSE/JSE All Share (ALSI) declined 1.1% on a total return basis for the month and over the 12 months gained 21.6%. Small Caps (down 0.7%) outperformed Mid Caps (down 1.0%) and Large Caps (down 1.1%).
- The best-performing sectors were Household Goods (up 6.2%), Industrial Engineering (up 4.1%) and Media (up 3.5%). The worst were Gold Mining (down 12.2%), Coal Mining (down 8.8%) and General Retailers (down 7.1%).
- Over a 10-year period, Industrials (up 25.6% p.a.) outperformed Financials (up 19.1% p.a.) and Resources (up 13.2% p.a.). The composition of the ALSI as at the end of the month was Industrials 55.1%, Resources 25.8% and Financials 19.1%.
Bonds
- The All Bond Index declined 1.4% for the month and over the 12 months gained 1.8%. The Inflation-Linked Bond Index gained 0.4% for the month and over the 12 months gained 2.7%.
Property
- The SA Listed Property Index declined 3.0% for the month and over 12 months gained 7.7%.
Cash
- Cash returned 0.4% for the month and over the 12 months returned 5.3%. Over a 10-year period, inflation in the form of ECPI has been 5.8% p.a.
International Market Performance
- The Rand weakened 0.9% against the US Dollar and 1.2% against the Euro in November 2013.
- The MSCI World Index gained 1.8% on a total return basis in US Dollar terms for the month and over the 12 months gained 27.1%. The MSCI Emerging Markets Index declined 1.5% for the month and over the 12 months gained 4.0%.
- The best-performing emerging market index from the selection of international equity indices for the month was the MSCI China (up 4.9%), while the worst-performing was the Bovespa (down 7.8%).
- The best-performing developed market index from the selection of international equity indices for the month was the Nikkei 225 (up 4.8%), while the worst-performing was the CAC 40 (up 0.3%).
- The US Dollar Platinum price declined 6.1% for the month and over the 12 months declined 15.1%. The US Dollar Gold price declined 6.9% for the month and over the 12 months declined 27.4%. Brent Crude was up 1.4% for the month and over the 12 months declined 0.9%.
