Big events that shaped S.A's JSE in 2016 - CNBC Africa

Big events that shaped S.A's JSE in 2016

Financial

by Samantha Pauwels, Portfolio Manager, Cannon Asset Managers. 0

Image: Shutterstock

A series of big events shaped financial markets in 2016. Overall, $4 trillion of global equity value was lost over 10 days.

Major global events came in January when Japan embraced a negative interest rate policy; in June with the UK's Brexit vote, which set global markets scrambling; in August came a global debt negative yielding of $13.4 trillion; and in December Donald Trump was elected President of the USA, the Fed raised interest rates and the Opec oil producers agreed to cut oil output. 

In South Africa, the JSE All Share experienced 30 major events, resulting in a change of +2.72%, or +1317.38 points.

The infographic below captures the analysis and commentary of Samantha Pauwels, Portfolio Manager at Cannon Asset Managers, on the tumutuous year that was. 

Canon AM_infographic _major Events 2016



 

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