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Shares / Re: List of Companies on Industrial 25 [JSE:J211]
« on: January 15, 2017, 09:56:35 am »
Thanks gcr, I appreciate the extra info. NPN seems to have the majority of the weight (roughly 8 times more than SHP and SNH put together) so my doubts are they will not have much influence on the direction of the SATRIX INDI. SHP and SNH are just there for market indicators. Do some fundamentals around NPN as it seems to direct the trend when the market has chosen a direction. CFR with the second most influence might be able to "veto" the movements set by NPN - so do some research around them as well. I am not bullish on SATRIX INDI short term. I think 7000 or even before it will bounce back as the market is pretty much overbought already. That's just my opinion - I might be wrong