Market Indicators
- JSE All Share (ALSI) 52,181.95
- Rand/Euro R 13.04
- Rand/Pound R 18.02
- Rand/US Dollar R 12.14
- Rand/Aus Dollar R 9.26
Equity
- The FTSE/JSE All Share (ALSI) declined 1.3% on a total return basis for the month and over the 12 months gained 12.5%. Mid Caps remained flat and outperformed Large Caps (down 1.5%) and Small Caps (down 2.2%).
- The best-performing sectors were Household Goods (up 13.0%), Software & Computer Services (up 9.2%) and Media (up 9.1%). The worst performing sectors were Industrial Metals (down 25.9%), Platinum Mining (down 17.8%) and Coal Mining (down 12.0%).
- Over a 10-year period, Industrials (up 23.2% p.a.) outperformed Financials (up 17.8% p.a.) and Resources (up 9.5% p.a.). The composition of the ALSI as at the end of the month was Industrials 61.6%, Resources 14.8% and Financials the remaining 23.6%.
Bonds
- The All Bond Index declined 0.5% for the month and over the 12 months gained 12.4%. The Inflation-linked Bond Index gained 0.6% and over the 12 months gained 9.6%.
Property
- The SA Listed Property Index gained 2.6% for the month and over 12 months gained 41.4%.
Cash
- Cash returned 0.5% for the month and over the 12 months returned 6.2%. Over a 10-year period, inflation in the form of ECPI has been 5.9% p.a.
International Market Performance
- The Rand weakened 4.0% against the US Dollar and strengthened 0.6% against the Euro in March 2015.
- The MSCI World Index declined 1.5% on a total return basis in US Dollar terms for the month and over 12 months gained 6.6%. The MSCI Emerging Markets Index declined 1.4% for the month and over the 12 months gained 0.8%.
- The best-performing emerging market index from the selection of international equity indices for the month was the MSCI China (up 2.4%), while the worst-performing was the Bovespa (down 11.3%).
- The best-performing developed market index from the selection of international equity indices for the month was the Nikkei 225 (up 2.5%), while the worst-performing was the FTSE 100 (down 5.8%).
- The US Dollar Platinum price declined 4.1% for the month and over the 12 months declined 20.4%. The US Dollar Gold price declined 2.4% for the month and over the 12 months declined 7.9%. Brent Crude declined 13.1% for the month and over the 12 months declined 50.5%.
