Transcription of The Weekly Focus - STANLIB
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The Weekly Focus - STANLIB
Focus The Weekly A Market and Economic Update 19 February 2018 Contents Newsflash ..3 Market Comment .. 3 Other Commentators .. 5 Economic Update ..7 Rates .. 12 STANLIB Money Market 12 STANLIB Enhanced Yield Fund .. 12 STANLIB Income Fund .. 12 STANLIB Extra Income Fund .. 12 STANLIB Flexible Income Fund .. 12 STANLIB Multi-Manager Absolute Income Fund .. 12 Newsflash The SA market outperformed last week as the rand gained + against the dollar, + against the euro and pound and + against the Aussie dollar, boosted by politics for the first time since the December ANC Elective Conference Market Comment LOCAL MARKETS Boosted by politics for the first time since the December elections, the SA market outperformed last week as the rand gained + against the dollar, + against the euro and pound and + against the Aussie dollar. The JSE All Share Index gained + in rands last week, or + in dollar terms!
The MSCI World Index is -4.7% from its peak, while the MSCI Emerging Markets Index is - 5.8% from its recent peak. The chart below of the rand to the dollar shows the rand gaining from 17 to the dollar two
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