Emerging market (EM) equities posted strong gains over the month, delivering a 6.0% return, outperforming relative to developed market (DM) peers. Performance was supported by easing geopolitical tensions and trade negotiations, which improved investor sentiment across global markets. For the year to date, the MSCI Emerging Markets Equity Index is up 15.3% while the MSCI World Equity index delivered a total return of 9.5%, highlighting EM’s relative strength.
China was relatively muted in June, with limited policy signals from Beijing and no major announcements. Nevertheless, the equity market held up well, with key indices maintaining their upward momentum driven by improved trade dialogue with the US. and rising confidence in the economy’s stabilisation. The MSCI China, MSCI China All Shares, and MSCI China A Onshore indices saw gains, ending the month up by 3.1%, 2.95%, and 3.46%, respectively. Sector wise, semiconductors, renewable energy, and financials were the major contributors. Retail sales in May rose by 6.4% year-on-year, beating expectations and marking the strongest growth since December 2023.
SA markets close Q2 strong, but growth remains fragile South African equities closed the second quarter on a positive note, supported by broad-based gains and a rebound in commodity prices.…
Markets climb despite geopolitical volatility in June Global markets remained volatile in June, driven largely by renewed geopolitical tensions in the Middle East and economic shifts across major regions. A…
The US-China standoff remained a dominant theme in May. However, green shoots emerged as Presidents Trump and Xi agreed to a significant rollback of reciprocal tariffs. Emerging market equities saw gains over the month, albeit underperforming relative to developed market equities. South Africa and Mexico led within emerging markets while Taiwan, Hong Kong, Indonesia and Korea were notable contributors. The MSCI Emerging Markets Equity Index ended the month 4.3% higher, while the MSCI World experienced a 5.9% uptick.
May sees strong market gains Global markets advanced strongly in May, supported by a temporary easing in global trade tensions, strong corporate earnings, and more stable monetary policy expectations. The…
Inflation, rate cuts and modest market gains shape SA’s May outlook South Africa’s economy showed mixed signals in May 2025. Inflation edged up slightly to 2.8% year-on-year, driven by higher…
In May, China's equity markets marked a month of recovery, regaining much of the ground lost following the sharp imposition of Trump-era tariffs around Liberation Day. The MSCI China ,…
China’s equity markets declined by low to mid-single digits in April, marked by heightened intra-month volatility following the unexpected announcement of new Trump-era tariffs. Beneath these headlines, investors broadly sold off companies with significant overseas revenue exposure, while rotating into domestic consumption and self-sufficiency themes, perceived as beneficiaries of the ongoing US-China decoupling.
Easing inflation and market gains signal cautious optimism for SA South Africa’s annual CPI eased to 2.7% in March, driven by lower fuel prices and softer education costs. GDP growth…
