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http://www.fin24.com/Markets/Currencies/rand-set-to-break-5-year-pattern-of-decline-claim-analysts-20161010?utm_source=fin24-am-update&utm_medium=email&utm_campaign=Newsletters

Can you be more specific and give us the JSE code for CWE40. I can only find CSEW40. But let me assume it is CSEW40.
It has only a 5 month history and has a negative gain so far so too early to call but I personally stay out of the top 40 equally weighted or not as they are grown companies. For superior growth I stick to Mid Caps as they are the future Large Caps over LT. Just my method and each to their own.

I would prefer DIVTRX due to the fact that companies that keep increasing their dividends are growing companies and not stagnated.
Don't take this as advice as I have been very wrong at times.

Sharenet provides live feed to most banks and brokerages in SA. This is why the prices and volumes are the same.
Bloomberg, Google Finance and Reuters are not connected to this system and I find rather large discrepancies in their daily prices and volumes.
So just disregard foreign website exact values. I don't know where Patrick gets his feed from but I'm sure it is local.

It will be interesting to see how the TOPI and related ETF's will behave as from tomorrow. It will now be replaced by Impala Platinum that is a fraction of the weighting SAB had.

Citywire-UK

The FTSE 100 snapped out of a three-day losing streak amid signs some of the clouds over the banking sector sparked by Deutsche Bank's problems were beginning to clear.

The UK blue-chip index rose 64 points, or 0.9%, to 6,871, helped by a boost to sentiment from a rise in Deutsche Bank (DBKGn.DE) shares from lows.

Deutsche Bank rose 2.1% after Monday's 7.5% tumble and sideways trading yesterday. The move came after chief executive John Cryan dismissed claims the bank had sought German government help to pay a $14 billion US penalty (£10.8 billion) over the sale of mortgage products in the run-up to the financial crisis.

http://citywire.co.uk/money/emerging-markets-recover-but-now-for-the-hard-part/a953143?re=42361&ea=394747&utm_source=BulkEmail_Money_Daily_Summary&utm_medium=BulkEmail_Money_Daily_Summary&utm_campaign=BulkEmail_Money_Daily_Summary

Bloomberg yesterday: "The bottom line: actual or speculated SABMiller-related flows will provide significant help to the rand for weeks to come.”

As of now the ZAR has gained over 2% for the day and we have had 6 consecutive days of gains. Now who in their right minds will short the ZAR after a 9 month bull run.
Some traders do but only after an anomalous short term sharp strengthening and getting in on the rebound making it volatile.

Had it not been for our number one doing a No. 1 on the ZAR in his Nkandla toilet we would have a much stronger ZAR.

Interest rates in developed countries are next to nil and even negative so what do the fund managers do? Invest in EM's that have a superior interest rate at 6 to 8%. A no brainer for them. This will strengthen the ZAR.

To top it all, InBev has almost more money than the SA reserve bank has and now has to buy ZAR to pay the investors in ZAR.
This will take weeks of buying so expect more upside for the ZAR.