Market update

24 Nov 2022

Market volatility is still the order of the day since my last report.

Our ALSI showed resilience though standing at 73000 points.

This midst:
The possible increase of the interest rate by +- 0.75% later today and the inflation rate that kept on crawling upwards.

As usual there are good news as well. Our investments growth picked up.

All the fund managers bought maximum shares as allowed inside the mandate they operate in in anticipation of the expected uprise. Even our bonds are running very well.

The not well known, fact is that the Grading agencies kept our countries financial status the same but positive. More good news is coming.

Our President had success in his negotiations with the British business people and we can expect increases in the export of wine and agriculture products to them.

Stay put and wait with interest on the new year. What lies ahead looks good!

A Happy Christmas en Family time to you all.


© 2017 Johann Meyer Financial Adviser CC. An Authorised Financial Services Provider (FSP) 10648

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