State of the South African Exchange Traded Product (ETP) Industry – as at 31st March 2021
16 April 2021 | Investments | ETF's (Exchange Traded Funds) | Mike Brown, Managing Director at etfSA.co.za
Market Capitalisation
The total market capitalisation of all ETFs/ETNs, listed on the JSE, rose from R111,0 billion at the end of 2020 to R119,7 billion at the end of first quarter of 2021. This is an appreciation of 7,8%.
Generally speaking financial markets performed favourably over the first 3 months of this year, as economic recovery from the COVID-19 pandemic now appears to be accepted. Global equities have responded well to the portents for international economic recovery and the South African equity market has continued its revival which started in the final months of 2020.
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