Daily Market Blog: Still doing it
"As you can see, phenomenal growth regardless of macro trends. And that second image which shows the dominance in women runners is very interesting and encouraging. Whether it be indoor soccer, running, touch rugby, cross fit or pushing weights, people are getting more active and Nike are the brand leaders."
To market, to market to buy a fat pig. Saying that yesterday was huge doesn't quite capture how big it was, the All share was up 4.25% and the Top 40 was up 4.79%!!! The media tells me that the Top 40's gain is the biggest since 2009, on a points basis it was the biggest day ever! The All Share is now up 6.56% for the year so the market is now just beating inflation, if you assume that there are no costs involved. On a value basis I found this image on twitter; thank you Independent securities. "Yesterday most monumental day ever on JSE in terms of value traded & was 41% higher than previous Sep '12 record". So yesterday was huge from any angle that you look at it.