In another wild month, the world united to watch the winter Olympics happening in Beijing. While in South Africa, the petrol price went up, largely related to the price of oil increases. This was exacerbated by the tensions in Eastern Europe between Russia and Ukraine. South Africans also saw another hike in interest rates.
As we geared up for the budget speech here in South Africa, Russia declared war on Ukraine, causing many countries and companies across the globe to impose sanctions on Russia. This played havoc with global markets and as individual stocks fell commodities boomed as often happens in times of war. With the price of oil now being at a record high, consumers are feeling the pinch showing troubling signs for the rest of the year.
Let’s see out how the bundles performed throughout February- Click on the table below.
Please kindly note that the data provided above is based on past performances and may not be indicative of future results. Another reminder that we must make mention of this for legal reasons.
The schedule above is provided to give you greater insights into the kinds of bundles we provide. You are, however, the co-pilot that should choose your own bundles and drive your own investment journey.
Happy Investing!
Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary, and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.