December 10, 2014

Global U.S.markets continued their meteoric rise with the S&P 500 reaching a new record high of 2075.76 intraday before easing slightly to close at 2067.56 on the last day of the month. The Dow Jones Industrial average also reached a new high to finish up 2.86% for the month with the S&P 500 adding 2.69%. Exceeding even these stellar performances the tech heavy NASDAQ Composite Index ended the month up 3.66%. Foreign stocks of other developed markets as reflected in the MSCI EAFE Index advanced 1.36% over the month but remained in the red for the year on fears that Europe might still lapse into recession. Read the full article Local In spite of a roller coaster ride over the month the JSE FTSE/ ALSI managed to end the month on a positive note closing at 49,911.37 points just shy of the psychological 50,000 and gaining 0.38%. In total return terms the index gained 0.54%. The... Read More

Global U.S.markets continued their meteoric rise with the S&P 500 reaching a new record high of 2075.76 intraday before easing slightly to close at 2067.56 on the last day of the month. The Dow Jones Industrial average also reached a new high to finish up 2.86% for the month with the S&P 500 adding 2.69%. Exceeding even these stellar performances the tech heavy NASDAQ Composite Index ended the month up 3.66%. Foreign stocks of other developed markets as reflected in the MSCI EAFE Index advanced 1.36% over the month but remained in the red for the year on fears that Europe might still lapse into recession. Read the full article Local In spite of a roller coaster ride over the month the JSE FTSE/ ALSI managed to end the month on a positive note closing at 49,911.37 points just shy of the psychological 50,000 and gaining 0.38%. In total return terms the index gained 0.54%. The... Read More