OIG Monthly Market Review – July 2025
July marked a pivotal month for financial markets, both domestically and globally. Locally, the FTSE/JSE All Share Index broke through the 100,000-point milestone for the first time, driven by robust commodity prices, resilient corporate earnings, and a supportive interest rate cut by the South African Reserve Bank. Globally, investor sentiment was supported by easing inflation pressures, a solid United States earnings season, and more accommodative monetary signals from major central banks. Equity markets across developed and emerging regions posted healthy gains. Together, these factors created a broad risk-on environment, lifting both local and global asset classes.
OIG Monthly Market Review – June 2025
Markets ended the first half of 2025 on a firmer footing, shrugging off mid-month volatility to deliver a broadly positive performance. While geopolitical tensions and ongoing trade uncertainty sparked brief bouts of risk aversion, investor sentiment improved as inflation remained contained in most regions and policy support persisted.
OIG Monthly Market Review – May 2025
May proved to be a month of mixed performances for global markets as volatility persisted due to ongoing trade tensions and inflationary concerns. Despite these challenges, some markets saw modest gains. South Africa’s economy showed resilience amidst global uncertainty. The Rand strengthened to levels last seen in December. Inflation increased slightly to 2.8%. Global economic outlooks remain cautiously optimistic.
OIG Monthly Market Review – April 2025
April was a turbulent but ultimately positive month for global markets. Despite a rocky start due to escalating U.S. tariff announcements, markets regained their footing toward the end of the month following a temporary pause on most tariff measures.
OIG Monthly Market Review – March 2025
In March 2025, global financial markets faced significant volatility, primarily due to escalating trade tensions and anticipated tariff implementations by the United States. The uncertainty intensified following President Donald Trump’s announcement of forthcoming reciprocal tariffs. South African Equities showed resilience with only listed property posting a loss for March.
OIG Monthly Market Review – February 2025
Global markets in February remained steady despite mixed economic signals, with U.S. bond yields declining and European equities posting gains. In South Africa, the equity market showed resilience despite sector-specific struggles, particularly in resources, which fell sharply due to weaker commodity prices. The delayed 2025 Budget and potential VAT hike weighed on local investor sentiment, while the return of load-shedding raised concerns over economic stability.
OIG Monthly Market Review – January 2025
In January 2025, global financial markets experienced volatility influenced by various economic and geopolitical factors. The Johannesburg Stock Exchange (JSE) experienced fluctuations in line with global trends. Overall, January 2025 was marked by market adjustments as investors responded to technological advancements, policy changes, and shifting economic indicators.
OIG Monthly Market Review – December 2024
December marked a challenging end to an otherwise strong year for global markets. While equity markets retreated due to year-end profit-taking and cautious central bank outlooks, 2024 delivered impressive gains, driven by resilient US economic growth, the AI boom, and strong corporate earnings. 2024 showcased the power of innovation, adaptability, and selective investment opportunities, offering long-term investors valuable lessons for navigating evolving market landscapes.
OIG Monthly Market Review – November 2024
November markets showcased a mix of optimism and caution globally and domestically. While U.S. policy shifts under President-elect Donald Trump stirred volatility, supportive monetary policies and resilient equity sectors provided balance, with South Africa benefiting from improved inflation data and a positive economic outlook.
OIG Monthly Market Review – October 2024
October was a challenging month across global markets, with inflation, rising yields, and economic uncertainties shaping market movements. This cautious investment environment was reflected in declines across equities, bonds, and fluctuating commodities. As we move forward, these macroeconomic pressures will likely continue influencing global market dynamics, emphasising the need for vigilant risk management and diversification in investment strategies.