JSE All Share Index

it's good to have a green day once in a while

The market is good

Well, old people really do have the ability to spoil the air, especially those who have power ))

Market is good until Trump says something and the market explodes

The market is so good

rand holding up better than expected but jalsh still can't break past that 80k level properly. financials dragging it down, property's weak. maybe wait for earnings season before jumping in.

rand's been hammered against the dollar lately so that's helping some of the heavy hitters in the index, but most of the gains are just noise imo. inflation's still too high here and the fed's probably done hiking which means rates could stay sticky for a while, not great for earnings. long-term view hasn't changed though, markets are shaky but the index has some solid dividend plays if you've got the stomach to hold through this.

all share finally breaking above that 78k wall, been stuck there for weeks

Good Morning Everyone, JALSH weighted heavy towards Naspers and Richemont again, those two alone pushing 18% of index. Rand weakness helps the big exporters but drags the rest. Long term still follows earnings growth, not sentiment, so watch the actual corp results when they land.

financials carrying the load but watching how much of this rand tailwind is real vs just currency effects masking weak underlying demand. earnings in the next few weeks will sort that out quick.

@trpine_patient yeah the financials are doing the heavy lifting here, makes sense with where the rand's at

financials carrying the index on their backs as usual, but the rand doing them favours helps the big dogs eat offshore. earnings season gonna sort the wheat from the chaff real quick, either the recovery talk sticks or we're back to load-shedding excuses and sideways nonsense.

financials holding the index up but they're expensive at these levels, been waiting for a proper pullback to add. rand weakness is real tailwind for the heavyweights but once it stabilizes we'll see who's actually got earnings growth underneath. not selling but good day to top up would be closer to 78 range imo.

rand's been getting smashed lately so JALSH should catch the express train on any foreign flows back in, especially if the rand stabilizes. big dogs like naspers and richemont carry half the index so when they breathe the whole thing breathes with em. long term thesis is still there but ja needs to sort its power situation before anyone serious comes back.

Rand weakness usually helps the index, all those big caps earning in dollars come home looking fatter on the balance sheet. Thing is we're stuck in that range again, need to break above 82k to get any real momentum going. Might finally happen if the fed cuts rates sooner than expected.

ja the all share's been range bound for a bit but the financials are still the heavyweight keeping things afloat, rand weakness helping exporters too. long-term view hasn't changed, just noise in between.

after reading through the latest sens releases, feels like we're finally seeing some actual corporate action rather than just load-shedding complaints, which is refreshing. the rand weakness is helping our offshore earners but it's a double edge since importers get hammered, so the index composition matters a lot more than people think. been holding through the volatility because earnings season should tell us if the recovery talk is real or just noise.

alsi been range bound for months now, needs a real catalyst not just load shedding headlines. big cap financials carrying the index while mid caps getting left behind, classic two tier market. either we break above 78k or test 75k again, funds not committing either way till the fed actually cuts rates.

Rand weakness is doing the index dirty, offshore buyers backing off when currency moves like this. Need to see some actual earnings growth from the heavyweights, not just multiple expansion on hope. Until we get rate cuts and the rand stabilises, hard to get excited about fresh money coming in.

good morning everyone alsi been stuck in consolidation since august, rand weakness not helping much when most of our big earners are rand hedge plays. the thing is valuations arent terrible if you look past the noise, jsw and naspers carrying water but thats always been the case. worth reading where the fed goes from here cos thats basically pricing in half the index right now.