Net outflow of foreign funds from JSE-listed bonds, equities at $124mn in Feb 2-6

By bne IntelliNews February 9, 2015

Foreign investors bought last week ZAR19.41bn ($1.7bn) worth of equities and ZAR20.62bn worth of bonds traded on the Johannesburg Stock Exchange (JSE), data published by the JSE showed. This compares to equity purchases of ZAR19.91bn and bond purchases of ZAR26.38bn during the preceding week.

At the same time, foreign investors sold ZAR17.73bn worth of equities in the week ending February 6, resulting in net purchases of ZAR1.68bn. During the week ending January 30, sales were ZAR18.31bn, resulting in a net inflow of ZAR1.6bn.

Meanwhile, the JSE bond market saw net outflow of capital abroad last week – at ZAR3.11bn – following ZAR23.74bn worth of sales. The week before, an inflow of ZAR4.78bn was after sales of ZAR21.61bn.

Year-to-date, equities recorded net foreign sales of ZAR1.45bn versus an outflow of ZAR7.07bn a year earlier, while bonds saw net foreign purchases of ZAR8.19bn versus an outflow of ZAR19.57 a year earlier.

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