Local markets delivered strong returns in August, with the JSE All Share Index rising 3.5% for the month and an impressive 23.6% year-to-date. The rand also extended its appreciation trend, strengthening 2.1% against the US dollar in August and 6.2% year-to-date. These gains significantly outpaced global developed markets, with the MSCI World Index returning just 0.3% in August and 7.5% year-to-date in rand terms…
