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JSE market trading statistics for the week ending 17 May 2019
Date: 20 May 2019 Category: Stock Market |
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We take a look at the Johannesburg Stock Exchange (JSE) trading statistics for the week ending 17 May 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 17 May 2019
Below a short summary of SA equities from Peregrine Treasury Services before we look at the JSE trading statistics for the week ending 17 May 2019.
SOUTH AFRICAN EQUITY
With many local investors having pinned their hopes on another ‘Ramaphoria’ type-of scenario, following the recent national elections, a definitive direction of both SA stocks and the rand alike didn’t seem to come to fruition in any convincing manner this week. An underwhelming interest in the rand and SA equity market was shown over the last few trading days, while it’s fair to say that the US China trade war also put a dampener on the trajectory of our local currency and equity market, following the elections.
Some of the bigger highlights this week were seen coming out of the pharmaceutical sector, namely Dis-Chem and Aspen Pharmacare. Aspen assured that they are on track to meet their 31 May 2019 deadline when it comes to the sale of their New Zealand based infant-formula business. Investor confidence was once again breathed into the stock, assisting the share’s at least 9.00% rise over the course of Wednesday and Thursday.
On Thursday morning, Dis-Chem released their provisional reviewed annual condensed consolidated results for the 12 months ended 28 February 2019. Although the stock’s share price seemed to shudder almost 5.00% downward on the back of the news, the negative sentiment was defused after investors swallowed the fact that the miss in earnings was primarily influenced by unforeseen once-off events, such as strikes and legislation restrictions. In general, Dis-Chem did alright.
MTN also made headlines this week as they were given the go-ahead for yet another listing on one of Africa’s largest stock exchanges, Nigeria, as part of a deal pertaining to the fine charged against MTN in 2015 relating to unregistered Sim cards. Up around 1.40% for the week and up over 30.00% fin the last two months, MTN opened Friday’s trading day at R100.65 per share
Here’s some of the bigger movers on the JSE for the 2019 year so far, as at Friday morning:
Year-to-date, the JSE All Share index is up 7.21% and the Top 40 up 7.78%, both trending sideways over the past week. Sector-wise, industrials have now returned 9.49%, resources 7.18% and financials 5.02% for the 2019 year so far.
Read the full article here.
JSE Trading Statistics for the week ending 17 May 2019
Number of trades:
Number of trades (2019): 1 635 856
Number of trades (2018): 1 255 234
% change year on year: 30.32%
Volume traded:
Volume traded (2019): 1 448 466 000
Volume of traded (2018): 1 502 793 000
% change year on year: -3.62%
Value of trades:
Value of trades (2019): R105 477 824 000
Value of trades (2018): R118 878 093 000
% change year on year: -11.27%
Foreign purchase/selling:
Net sales/Purchases (2019): -R867 013 000
Net sales/Purchases (2018): -R10 506 673 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R29.63 billion
Net sales/Purchases (2018): R18.1 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R18.1 billion for the YTD while this year they have been net sellers to the tune of -R29.63 billion in the year to date (YTD). That is a R47.73 billion swing in fortunes of foreigners being net buyers or sellers over the course of the last 12 months. And sadly for South Africans and South African investors the foreigners are dumping South African listed shares instead of buying.
JSE total market capitalisation:
Market Cap (2019): R15.886 trillion
Market Cap (2018): R14.497 trillion
% change year on year: 9.58%
So as shown in the JSE total market capitalisation, the overall market has increased substantially over the course of the last 12 months (and it would have been even higher if it wasn't for the latest tariff increased by the USA on goods imported from China). The markets had a particularly positive start to the year, with all four months of the year ending in positive territory and it looks like the months of May is off to a flyer . See our JSE Calendar tracker for more.
Key issues for the market and South Africa during 2019 will be:
SOUTH AFRICAN EQUITY
With many local investors having pinned their hopes on another ‘Ramaphoria’ type-of scenario, following the recent national elections, a definitive direction of both SA stocks and the rand alike didn’t seem to come to fruition in any convincing manner this week. An underwhelming interest in the rand and SA equity market was shown over the last few trading days, while it’s fair to say that the US China trade war also put a dampener on the trajectory of our local currency and equity market, following the elections.
Some of the bigger highlights this week were seen coming out of the pharmaceutical sector, namely Dis-Chem and Aspen Pharmacare. Aspen assured that they are on track to meet their 31 May 2019 deadline when it comes to the sale of their New Zealand based infant-formula business. Investor confidence was once again breathed into the stock, assisting the share’s at least 9.00% rise over the course of Wednesday and Thursday.
On Thursday morning, Dis-Chem released their provisional reviewed annual condensed consolidated results for the 12 months ended 28 February 2019. Although the stock’s share price seemed to shudder almost 5.00% downward on the back of the news, the negative sentiment was defused after investors swallowed the fact that the miss in earnings was primarily influenced by unforeseen once-off events, such as strikes and legislation restrictions. In general, Dis-Chem did alright.
- Revenue up to R21.4 billion (10% increase)
- Earnings per share and headline earnings per share up 7.40% to 85.4cents. (expected 87 cents)
- National strike cost the company around R75 million
- Retail revenue growth to R19.6 billion (9.70% increase)
- Wholesale revenue growth to R14.5 billion (11.20% increase)
- Comparable store revenue growth only up 3.40%.
MTN also made headlines this week as they were given the go-ahead for yet another listing on one of Africa’s largest stock exchanges, Nigeria, as part of a deal pertaining to the fine charged against MTN in 2015 relating to unregistered Sim cards. Up around 1.40% for the week and up over 30.00% fin the last two months, MTN opened Friday’s trading day at R100.65 per share
Here’s some of the bigger movers on the JSE for the 2019 year so far, as at Friday morning:
- Impala Platinum: up 52.75%
- Kumba Iron Ore: up 47.96%
- Lonmin: up 30.99%
- Tongaat Hulett: down 61.7%
- Rebosis Property Fund: down 52.42%
- Delta Property Fund: down 38.67%
Year-to-date, the JSE All Share index is up 7.21% and the Top 40 up 7.78%, both trending sideways over the past week. Sector-wise, industrials have now returned 9.49%, resources 7.18% and financials 5.02% for the 2019 year so far.
Read the full article here.
JSE Trading Statistics for the week ending 17 May 2019
Number of trades:
Number of trades (2019): 1 635 856
Number of trades (2018): 1 255 234
% change year on year: 30.32%
Volume traded:
Volume traded (2019): 1 448 466 000
Volume of traded (2018): 1 502 793 000
% change year on year: -3.62%
Value of trades:
Value of trades (2019): R105 477 824 000
Value of trades (2018): R118 878 093 000
% change year on year: -11.27%
Foreign purchase/selling:
Net sales/Purchases (2019): -R867 013 000
Net sales/Purchases (2018): -R10 506 673 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R29.63 billion
Net sales/Purchases (2018): R18.1 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R18.1 billion for the YTD while this year they have been net sellers to the tune of -R29.63 billion in the year to date (YTD). That is a R47.73 billion swing in fortunes of foreigners being net buyers or sellers over the course of the last 12 months. And sadly for South Africans and South African investors the foreigners are dumping South African listed shares instead of buying.
JSE total market capitalisation:
Market Cap (2019): R15.886 trillion
Market Cap (2018): R14.497 trillion
% change year on year: 9.58%
So as shown in the JSE total market capitalisation, the overall market has increased substantially over the course of the last 12 months (and it would have been even higher if it wasn't for the latest tariff increased by the USA on goods imported from China). The markets had a particularly positive start to the year, with all four months of the year ending in positive territory and it looks like the months of May is off to a flyer . See our JSE Calendar tracker for more.
Key issues for the market and South Africa during 2019 will be:
- Exchange Rate (seems to see sawing a lot. See our exchange rate page)
- Elections now done and dusted its time to see what policy changes if any will be implemented
- Crude Oil prices which has remained above the $70 levels for a while now
- Expropriation of land without compensation (EWC)
- Sluggish economic growth (See our SA GDP page) 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.