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We take a look at the Johannesburg Stock Exchange (JSE) market statistics published for the trading week ending 19 October 2018. So how many shares traded hands? What was the value of these shares traded? How much money has been traded so far this year and how does that compare to last year this time?
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So throw some numbers at as.
For the trading week 15- 19 October 2018 the JSE recorded the following statistics for the Equity Market:
Foreign trading:
Basically foreigners sold almost R3billion more in JSE listed shared during the week than what they bought. Not a good sign for foreign investor sentiment towards the South African stock market. For the year to date, foreigners have been net sellers of JSE listed shares to the value of R17,1billion. While for the same time period a year ago, foreigners were net sellers to the value of R82.8billion). So as this shows the foreign selling of JSE listed shares is not nearly as bad in 2018 as it was in 2017, but the worrying thing is that in 2017 and 2018 there has been a continued trend of foreigners selling locally listed shares. If the money is repatriated back to their respective countries it will place the currency under pressure as the demand for the Rand declines and the demand for other currencies against the Rand increases.
The Total JSE market capital is sitting at R13.4 trillion. While that is a whopping amount of money and well over double the size of South Africa's economy, last year this time the JSE market capital was sitting at R15.9 trillion. That is a massive decline of R2.5 trillion in value. Or 15.94% less than what it was a year ago.
- Number of trades: 1 513 027
- Volume: 1 823 905 000
- Value: R102 985 257 000
Foreign trading:
- Purchases: R17 426 682 000
- Sales: R20 412 926 000
- Net (sales)/purchases: (R2 986 244 000).
Basically foreigners sold almost R3billion more in JSE listed shared during the week than what they bought. Not a good sign for foreign investor sentiment towards the South African stock market. For the year to date, foreigners have been net sellers of JSE listed shares to the value of R17,1billion. While for the same time period a year ago, foreigners were net sellers to the value of R82.8billion). So as this shows the foreign selling of JSE listed shares is not nearly as bad in 2018 as it was in 2017, but the worrying thing is that in 2017 and 2018 there has been a continued trend of foreigners selling locally listed shares. If the money is repatriated back to their respective countries it will place the currency under pressure as the demand for the Rand declines and the demand for other currencies against the Rand increases.
The Total JSE market capital is sitting at R13.4 trillion. While that is a whopping amount of money and well over double the size of South Africa's economy, last year this time the JSE market capital was sitting at R15.9 trillion. That is a massive decline of R2.5 trillion in value. Or 15.94% less than what it was a year ago.