【出版时间及名称】：JPM-SOUTH AFRICAN MARKETS-ASSET CLASS PERFORMANCE-FEBRUARY 2010
      【作者】：jpm
      【文件格式】：pdf
      【页数】：31
      【目录或简介】：
February 2010
• In rand terms, the South African equity market (ALSI) showed a marginal
growth of 0.4% over February. MSCI World and EM indices gained 2.6% and
1.5% respectively. The ALSI posted a US$ return of -0.8%, while global and
emerging equities gained 1.4% and 0.4% respectively. South African bonds
(ALBI) gained 2.0% over the month (+0.8% in US$).
• Technology (10.0%), Consumer Services (6.6%) and Health Care (3.3%) were
the best-performing industry groups over the month. Consumer Goods was the
worst-performing group, posting a total return of -3.2%, followed by Oil &
Gas (-1.8%) and Basic Materials (-0.4%).
• Within the equity sectors, Industrial Transport (12.4%), Industrial Metals
(11.1%), Software & Computers (10.0%) and General Retailers (9.2%)
produced the highest total returns, while Beverages (-5.1%) showed the worst
performance over the month.
• Of the Top 100 ALSi share universe, Imperial, Truworths, Trencor, KIO and
Woolworths produced the largest total returns over February, while Barworld,
Northam, Sappi, Altron and Afrox were the worst-performing shares.
2010 year-to-date
• The ALSI has posted a rand total return of -3.1% (-7.1% in US$),
underperforming MSCI World equities by 4.6 percentage points and 4.4
percentage points in rand and dollar terms respectively.
• Of the industry groups, Technology, helped by good performance from Didata
and Datatec, has posted a huge 17.1% year-to-date. Financials and Consumer
Services have posted small returns of 2.3% and 2.2% respectively, while Basic
Materials, Oil & Gas and Telecoms have lost 6.5%, 5.4% and 5.2%
respectively.
• Of the equity sectors, Industrial Metals, Food & Drug Retailers and General
Retailers fall in behind Software