Brind.

JSE Performance Measured in Rand Compared to S&P 500 Returns

1 report, 1 independent Updated Thu 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

An analysis of the JSE over the period 1940 to 2025 showed that the market returned 14.4% annually in Rand, or 7.1% after South African inflation. The S&P 500 returned 11.3% annually in dollars, or 7.3% after US inflation. The report notes that the Rand weakened by approximately 4% per year against the dollar during this time.

From biznews.com

Why it matters

Some supportBrind's analysis of the reports

The weakening of the Rand lifted the S&P 500's return to about 16% annually when measured in Rand, compared to the JSE's 14.4%. The comparison emphasizes that currency fluctuations significantly affect the real returns for investors in South Africa.

From biznews.com

Who's involved

  • JSEMarket whose index performance and returns are measured using the Rand currency unit.
  • randOfficial currency of South Africa, intrinsically linked to the nation's economic health.
  • Johannesburg Stock ExchangeThe stock exchange in Johannesburg, South Africa, where the JSE operates.
  • South AfricaCountry whose currency and market performance are the subject of the analysis.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Johannesburg Stock ExchangeSpeculative

    The Johannesburg Stock Exchange might see its market prices affected by the interaction between JSE performance and Rand fluctuations.

Keep exploring

The entities involved

  • JSE

    Slovak company

    Nothing else this week.

  • rand

    official currency of South Africa

    Nothing else this week.

Coverage

Newest first; wire copies grouped