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We take a look at the Johannesburg Stock Exchange (JSE) trading statistics for the week ending 8 March 2019 and compare the numbers to that of a year ago.
So how has the JSE been performing over the last week in terms of number of trades, volume of trades or value traded? And has seller been buying or selling locally listed shares? |
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Trading statistics for the week ended 8 March 2019
So in a pretty interesting week on the JSE in which telecoms operator, MTN shares surged and Pharmaceutical company, Aspen (APN) shares plunged, just how many trades took place on the JSE, what was the value and volume of these trades and are foreigners still net sellers of JSE listed shares? We take a look below at the trading stats for the trading week ended 8 March 2019.
Number of trades:
Number of trades (2019): 1 613 898
Number of trades (2018): 1 513 768
% change year on year: 6.61.%
Volume traded:
Volume traded (2019): 1 967 502 000
Volume of traded (2018): 1 515 504 000
% change year on year: 29.82%
Value of trades:
Value of trades (2019): R104 521 444 000
Value of trades (2018): R115 280 003 000
% change year on year: -9.33%
Foreign purchase/selling:
Net sales/Purchases (2019): - R6 677 102 000
Net sales/Purchases (2018): R2 618 256 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R22.234 billion
Net sales/Purchases (2018): R30.198 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R30.198 billion for the YTD while this year they have been net sellers to the tune of R22.234 billion YTD. A significant swing and a clear sign of sentiment towards South Africa, its stock market and its economy.
JSE total market capitalisation:
Market Cap (2019): R15.812 trillion
Market Cap (2018): R15.014 trillion
% change year on year: 5.31%
Key issues for the market and South Africa during 2019 will be:
Number of trades:
Number of trades (2019): 1 613 898
Number of trades (2018): 1 513 768
% change year on year: 6.61.%
Volume traded:
Volume traded (2019): 1 967 502 000
Volume of traded (2018): 1 515 504 000
% change year on year: 29.82%
Value of trades:
Value of trades (2019): R104 521 444 000
Value of trades (2018): R115 280 003 000
% change year on year: -9.33%
Foreign purchase/selling:
Net sales/Purchases (2019): - R6 677 102 000
Net sales/Purchases (2018): R2 618 256 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R22.234 billion
Net sales/Purchases (2018): R30.198 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R30.198 billion for the YTD while this year they have been net sellers to the tune of R22.234 billion YTD. A significant swing and a clear sign of sentiment towards South Africa, its stock market and its economy.
JSE total market capitalisation:
Market Cap (2019): R15.812 trillion
Market Cap (2018): R15.014 trillion
% change year on year: 5.31%
Key issues for the market and South Africa during 2019 will be:
- Exchange Rate
- Elections (and how this will affect policies and policy implementation in South Africa)
- Crude Oil prices
- Expropriation of land without compensation (EWC)
- Sluggish economic growth (of which the latest numbers will be released tomorrow) and high levels of unemployment
- Tax increases announced in the budget speech and how it will affect South African consumers spending patterns and potentially increase inflation levels as taxes were increased by rates higher than inflation. In particular lack of bracket creep relief and higher sin taxes, fuel levies and road accident fund levies will hurt consumers.