Anchor Capital: JSE delivers yet another negative monthly performance in February
By Peter Little
The South African (SA) stock market found itself in ignominious company in February, alongside the Spanish bourse and the UK mid-cap index, as the only major stock market indices to deliver a negative performance for the month (FTSE/JSE Capped SWIX Index -2.3% month on month (m/m)).
A raft of earnings announcements and trading updates mainly delivered disappointing news for shareholders. The bourse’s strongest performer, MultiChoice (+39% m/m), was buoyed by the announcement... Читать дальше...