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February 17, 2015

WM Market Update – January 2015

Global Global equities as measured by the MSCI World Index registered negative returns in January in dollar terms due to a weaker performance from U.S. equities. Commodity prices continued to fall with Brent crude oil dropping below $50 dollars a barrel. Read the full article Domestic In spite of the threat of load-shedding from Eskom and a downgrade in growth forecasts from both the IMF and World Bank the FTSE/JSE ALSI surprised market commentators by closing the month at 51266 points having breached the psychological 50,000. The ALSI gained 3.01% over the month and in total return terms gained 3.08%. The rapid decline in the oil price certainly helped boost market confidence. Read the full article  
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