Expecting a recovery in the JSE because since the beginning of last years financial year prices have been steadily declining but also exporting mining companies in the JSE have been exporting minerals at a premium which could be good for earnings numbers. The JSE is consists of a majority of mining companies. The retail sector could also positively impact the JSE.
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Commodity , mineral and energy stocks could impact the JSE positively since recently the dollar and gold prices have been trading optimal areas for these business. Export companies charged premium prices which could have a positive impact on earnings.
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Target reached.
Financial stocks could affect the index and likely the index will eventually, interest were kept the same which indicates the economy is still unstable at the moment and after the election results confidence is still quiet low on South Africa.
Financial stocks could affect the index and likely the index will eventually, interest were kept the same which indicates the economy is still unstable at the moment and after the election results confidence is still quiet low on South Africa.
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A stronger rand could is good for importing enterprises which will improve consumer spending, and a stronger rand will have impact on the petrol and diesel prices which will have a positive snowball affect on the overall economy.