The South Africa FTSE/JSE Africa All Shares Index bounced back and gained more than 1.7% on Thursday, as optimism about the further reopening of the economy offset rising concerns over US-China tensions. The South African government is expected to provide details later in the day about the measures which will support lockdown easing from the next week.
Historically, the South Africa Stock Market reached an all time high of 61776.68 in January of 2018. South Africa Stock Market - data, forecasts, historical chart - was last updated on May of 2020.
The South Africa Stock Market is expected to trade at 49420.39 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 46330.03 in 12 months time.