With the August / September earnings season behind us, it's helpful to look at share price moves over the past 30 days on the JSE to see how sentiment has shifted.
The winner over this period is clear: PGMs. The winds of change aren't just blowing in that space, they are positively gusting! There have been other positive standout performances, like Caxton and CTP Publishers and Printers, as well as Purple Group.
On the negative side, a couple of insurance names have had a tough month (like Discovery and Santam), while Sun International continues to struggle with casino demand. There's been plenty of volatility in the local market, but these moves were particularly interesting to me.
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Remember, nothing you hear on this podcast is investment advice, nor does it reflect the views of Forvis Mazars in South Africa. Always speak to your financial advisor.
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