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Writer's pictureLester Davids

JSE Consumer Discretionary: Approaching Overbought Relative To The Broader Market

Friday, 04 October 2024

Time Published: 06h26


  • Notes on the slide below




 

Previous Post: Tuesday, 01 October 2024

Time Published: Pre-Market


One of the benefits of partnering with Unum Capital is the access to high quality, actionable research insights.


One such example is this chart which highlighted JSE staples relative to discretionary, the USD/ZAR exchange rate and the Rand Oil Price.



Over the period (since 16 February), discretionary have outperformed staples by a wide margin, with the Rand/Oil Price and ZAR being supportive of the move and trending in tandem.



To become a trading client, get in touch today.


Lester Davids

Analyst: Unum Capital

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