Risk and Wealth Management: April Market Summary

Index performance highlights for April 2014 and summary of the index returns:

  • The All Share Index gained 2.7% in Rand terms in April bringing the year to date return from domestic equities to  of 7.1%.
  • Mid cap shares again were the biggest climbers gaining 5.1% while small cap shares were up 2.6% and large caps up 2.3%.
  • After a flat March, global equities were positive with the MSCI World index gaining 1.1% in April in US$. Year to date the US$ return from global equities is 2.5%.
  • Emerging market equities were flat for the month with the MSCI Emerging Markets Index up a mere 0.4% in US$. The year-to-date number has just scraped back into positive territory up 0.01% in US$ (I had to go to two decimals to get that positive number I might add).
  • The ALBI gained 0.3% in April bringing the year to date returns to 1.2%.
  • It was another good month for listed property which gained 2.3%. Year to date the returns from listed property are 4.2%.
  • Cash returned 0.5% for the month and 1.8% year to date.
  • Both the US$ Platinum price and US$ Gold price rose marginally in April each gaining 0.6%. Year to date the US$ Platinum price is up 4.0% and the Gold price is up 7.1% in US$.
  • Brent Crude fell 0.1% in April binging the year to date decline in the oil price to  2.8%.
  • From a foreigner’s perspective, the Rand marginally strengthened against the US Dollar (0.2%),but weakened against the Euro (0.5%) and Sterling (1.0%) in April. 

FPM_Index Return_May