Jump to content

Recommended Posts

Posted

The third quarter of 2024, to the end of September, produced bumper returns for South African investors, with the JSE having its strongest third quarter in 11 years and local bonds also performing strongly.

 

Returns from global equities and bonds, however, were muted.

 

The quarter also saw the rand strengthen against the US dollar, inflation continue its downward trend and, to the relief of consumers paying high interest on their loans, a reversal in the interest-rate cycle in September.

 

The drop of 0.25% in the repo rate, although not making a big difference by itself, signalled more rate cuts to come.

 

Read the full article here: https://www.iol.co.za/personal-finance/financial-planning/words-on-wealth-3rd-quarter-brings-bumper-rewards-for-sa-investors-5e1da9f8-f5f2-4c4f-a4e2-08f4a3bb86e9

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...