CHRIS GILMOUR: Where to invest if pulling out of steaming US equities
Investors may want to move from the S&P 500 to the JSE, but Eskom-induced paralysis bedevils the local economy
07 January 2020 - 15:59
As we start 2020, SA investors face a dilemma — do they stay with an overcooked US market or do they move back into the JSE?
The S&P 500 posted a phenomenal almost 30% rise in 2019. In contrast, the JSE all share index (Alsi) put in a 5% “Santa Claus” rally in December, pushing the index to close 8.2% higher than when it started in 2019. Until then, it had languished at a tiny 3.3% rise until December 3. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.