Sentiment towards the JSE hits rock bottom

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Cape Town - The optimism towards equities, which gripped the market in 2014 after five straight years of solid gains, has been replaced by a sense of unease, disappointment and anxiety.

This is according to Overberg Asset Management (OAM) in its weekly overview of the economic and political landscape in South Africa.

It noted that after three years of paltry gains in which the JSE All Share Index has risen by just 12%, investors are considering cashing up and moving to money markets, residential property or any asset class other than equities.

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Rand - Dollar
14.13
-0.0%
Rand - Pound
19.92
-0.0%
Rand - Euro
17.16
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Rand - Aus dollar
11.00
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Rand - Yen
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Gold
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66,598
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12,685
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