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We take a look at the Johannesburg Stock Exchange (JSE) trading statistics for the week ending 22 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 22 March 2019
So during a relatively quiet week in which we had a public holiday, slowing growth in China, and market nervousness around the Federal Reserve in the US regarding their interest rate decision and where they see markets heading, what was trade like on the JSE? We also saw slightly higher inflation numbers being released in South Africa, with the February 2019 inflation rate coming in at 4.1% (up from 4% in January 2019)
Number of trades:
Number of trades (2019): 1 275 117
Number of trades (2018): 1 121 895
% change year on year: 13.66%
Volume traded:
Volume traded (2019): 1 401 167 000
Volume of traded (2018): 1 646 430 000
% change year on year: -14.90%
Value of trades:
Value of trades (2019): R115 869 492 000
Value of trades (2018): R119 389 630 000
% change year on year: -2.95%
Foreign purchase/selling:
Net sales/Purchases (2019): R803 507 000
Net sales/Purchases (2018): R6 383 280 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R26.649 billion
Net sales/Purchases (2018): R27.7 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R27.7 billion for the YTD while this year they have been net sellers to the tune of -R26.649 billion in the year to date (YTD). While there has been a slight reversal in terms of foreigners being net buyers last week compared to being net sellers the week before and being strong net sellers so far this year, the overall picture for South Africa is still not a pretty one.
JSE total market capitalisation:
Market Cap (2019): R16.074 trillion
Market Cap (2018): R14.312 trillion
% change year on year: 12.30%
Key issues for the market and South Africa during 2019 will be:
Number of trades:
Number of trades (2019): 1 275 117
Number of trades (2018): 1 121 895
% change year on year: 13.66%
Volume traded:
Volume traded (2019): 1 401 167 000
Volume of traded (2018): 1 646 430 000
% change year on year: -14.90%
Value of trades:
Value of trades (2019): R115 869 492 000
Value of trades (2018): R119 389 630 000
% change year on year: -2.95%
Foreign purchase/selling:
Net sales/Purchases (2019): R803 507 000
Net sales/Purchases (2018): R6 383 280 000
So year to date (YTD) foreigners have been net seller/buyers:
Net sales/Purchases (2019): -R26.649 billion
Net sales/Purchases (2018): R27.7 billion
So a year ago foreigners were net buyers of SA listed shares to the value of R27.7 billion for the YTD while this year they have been net sellers to the tune of -R26.649 billion in the year to date (YTD). While there has been a slight reversal in terms of foreigners being net buyers last week compared to being net sellers the week before and being strong net sellers so far this year, the overall picture for South Africa is still not a pretty one.
JSE total market capitalisation:
Market Cap (2019): R16.074 trillion
Market Cap (2018): R14.312 trillion
% change year on year: 12.30%
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 (and how this will affect policies and policy implementation in South Africa)
- Crude Oil prices
- 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.