FTSE/JSE TOP 40 - Forecast

FTSE/JSE Africa Top40 Tradeable Index is expected to trade around 48900 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade around 47000 in 12 months time.



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Peers Price Day Q4/18 Q1/19 Q2/19 Q3/19
JALSH-All Share 51237 -323 -0.63% 55103 54428
FTSE/JSE TOP 40 45227 -301 -0.66% 48932 48288


Major Price Day Q4/18 Q1/19 Q2/19 Q3/19
Dow Jones 23,676 82.66 0.35% 26,407 26,103 25,804 25,507
S&P 500 2,546 0.22 0.01% 2,902 2,872 2,842 2,813
NASDAQ 100 6,492 43.13 0.67% 7,582 7,482 7,383 7,285
NASDAQ 6,784 0.00 0.00% 7,990 7,894 7,800 7,707
S&P MidCap 400 1,695 0.46 0.03% 1,995 1,975 1,955 1,936
US 600 859 1.28 0.15% 1,044 1,033 1,021 1,010
Russell 2000 1,377 0.97 -0.07% 1,678 1,659 1,641 1,623
S&P VIX 25.58 1.06 0.55% 10.34 9.10 8.01 7.05
US 100 9,604 36.73 -0.38% 10,750 10,641 10,533 10,427
NIKKEI 225 21,130 26.62 0.13% 23,944 23,633 23,325 23,022
FTSE 100 6,702 71.65 -1.06% 7,435 7,368 7,300 7,234
FTSE All 3,663 29.58 -0.80% 4,090 4,055 4,020 3,986
DAX 10,741 31.31 -0.29% 12,196 12,056 11,919 11,784
CAC 40 4,754 45.79 -0.95% 5,456 5,404 5,352 5,300
FTSE MIB 18,645 48.60 -0.26% 20,332 20,058 19,786 19,520
IBEX 35 8,701 111.70 -1.27% 9,306 9,204 9,103 9,002
Australian All 5,650 2.80 -0.05% 6,249 6,206 6,163 6,121
ASX 50 5,481 7.00 -0.13% 5,960 5,917 5,874 5,832
ASX 200 5,570 4.96 -0.09% 6,121 6,078 6,035 5,992
CSI 300 3,133 4.90 0.16% 3,386 3,334 3,283 3,233
SHANGHAI 2,577 21.32 -0.82% 2,783 2,745 2,708 2,671
SHANGHAI 50 2,398 28.08 -1.16% 2,565 2,524 2,483 2,443
SENSEX 36,347 77.01 0.21% 35,941 35,632 35,324 35,020
MICEX 2,350 8.84 -0.37% 2,440 2,407 2,374 2,342
TSX 14,417 54.24 0.38% 16,025 15,918 15,813 15,710
KOSPI 2,077 14.42 0.70% 2,315 2,291 2,268 2,245
iBovespa 86,610 210.81 0.24% 76,906 75,608 74,332 73,073
IPC Mexico 40,918 577.06 1.43% 49,315 48,827 48,344 47,866
AEX 494 5.63 -1.13% 548 543 538 533
SMI 8,528 74.34 -0.86% 9,038 8,949 8,861 8,775
FTSE/JSE TOP 40 45,227 301.71 -0.66% 48,933 48,288 47,649 47,019
JALSH-All Share 51,237 323.39 -0.63% 55,104 54,428 53,759 53,095
STI 3,046 68.71 -2.21% 3,224 3,193 3,162 3,131
Hang Seng 25,890 77.85 0.30% 27,386 26,988 26,596 26,210
PSI Geral 2,742 26.54 -0.96% 3,102 3,075 3,049 3,022
NZX 50 8,734 22.17 0.25% 9,261 9,196 9,130 9,065
Euro Stoxx 50 3,040 23.52 -0.77% 3,379 3,346 3,313 3,281
Euronext 100 924 8.50 -0.91% 1,054 1,045 1,035 1,026
NIFTY 50 10,909 20.35 0.19% 10,818 10,723 10,628 10,535

America Price Day Q4/18 Q1/19 Q2/19 Q3/19
Dow Jones 23,676 82.66 0.35% 26,407 26,103 25,804 25,507
S&P 500 2,546 0.22 0.01% 2,902 2,872 2,842 2,813
NASDAQ 100 6,492 43.13 0.67% 7,582 7,482 7,383 7,285
NASDAQ 6,784 0.00 0.00% 7,990 7,894 7,800 7,707
S&P MidCap 400 1,695 0.46 0.03% 1,995 1,975 1,955 1,936
US 600 859 1.28 0.15% 1,044 1,033 1,021 1,010
Russell 2000 1,377 0.97 -0.07% 1,678 1,659 1,641 1,623
S&P VIX 25.58 1.06 0.55% 10.34 9.10 8.01 7.05
US 100 9,604 36.73 -0.38% 10,750 10,641 10,533 10,427
Ecuador General Index 1,400 3.16 0.23% 1,394 1,387 1,379 1,371
TSX 14,417 54.24 0.38% 16,025 15,918 15,813 15,710
iBovespa 86,610 210.81 0.24% 76,906 75,608 74,332 73,073
IPC Mexico 40,918 577.06 1.43% 49,315 48,827 48,344 47,866
S&P/BVL Peru General Index TR (PEN) 19,157 28.34 0.15% 19,382 19,202 19,024 18,846
Merval 29,777 110.76 -0.37% 31,995 31,021 30,078 29,164
IBC 805 16.10 2.04% 341,310 304,944 272,475 243,482
COLCAP 1,336 0.50 0.04% 1,505 1,491 1,477 1,464
IGPA 25,987 46.16 0.18% 26,524 26,210 25,901 25,595
BVPSI 453 0.13 0.03% 457 455 453 451
BSX 2,149 2.25 -0.10% 2,862 2,809 2,756 2,704
JSE 376,051 420.09 -0.11% 176,859 85,351 41,191 19,863

Europe Price Day Q4/18 Q1/19 Q2/19 Q3/19
FTSE 100 6,702 71.65 -1.06% 7,435 7,368 7,300 7,234
FTSE All 3,663 29.58 -0.80% 4,090 4,055 4,020 3,986
DAX 10,741 31.31 -0.29% 12,196 12,056 11,919 11,784
CAC 40 4,754 45.79 -0.95% 5,456 5,404 5,352 5,300
FTSE MIB 18,645 48.60 -0.26% 20,332 20,058 19,786 19,520
IBEX 35 8,701 111.70 -1.27% 9,306 9,204 9,103 9,002
MICEX 2,350 8.84 -0.37% 2,440 2,407 2,374 2,342
AEX 494 5.63 -1.13% 548 543 538 533
BIST 100 91,074 1,112.20 1.24% 96,783 95,059 93,364 91,709
SMI 8,528 74.34 -0.86% 9,038 8,949 8,861 8,775
OMXS 30 1,448 4.16 -0.29% 1,649 1,632 1,614 1,597
WIG 58,719 532.93 0.92% 58,279 57,607 56,947 56,292
WIG 20 2,315 33.31 1.46% 2,251 2,219 2,187 2,156
Euronext BEL 20 3,317 14.58 -0.44% 3,683 3,651 3,619 3,588
Oslo Bors All-Share 920 5.09 -0.55% 1,062 1,052 1,041 1,031
ATX 2,889 25.80 0.90% 3,326 3,287 3,249 3,212
OMX Copenhagen 919 6.76 -0.73% 967 957 946 936
OMX Helsinki 8,920 59.72 -0.67% 10,081 9,983 9,885 9,788
OMX Helsinki 25 3,763 16.21 -0.43% 4,269 4,225 4,181 4,137
ISEQ 5,423 47.96 -0.88% 6,437 6,380 6,323 6,267
Athens General 625 6.73 -1.06% 681 671 660 651
PSI Geral 2,742 26.54 -0.96% 3,102 3,075 3,049 3,022
PSI 20 4,703 27.99 -0.59% 5,263 5,213 5,163 5,114
PX 1,027 1.23 -0.12% 1,090 1,083 1,075 1,067
BET 8,419 105.50 -1.24% 8,364 8,287 8,211 8,135
BUX 39,476 200.15 -0.50% 36,356 35,836 35,323 34,818
PFTS 565 0.97 -0.17% 526 513 502 490
SAX 334 1.20 -0.36% 324 319 314 310
LuxX 1,351 11.51 -0.84% 1,683 1,659 1,636 1,613
CROBEX 1,747 2.84 0.16% 1,770 1,758 1,746 1,735
SOFIX 592 0.88 0.15% 621 616 612 607
SBITOP 797 2.93 0.37% 834 828 821 814
OMX Vilnius 623 2.63 -0.42% 679 673 667 661
BELEX 15 754 6.75 0.90% 722 718 713 709
CSE General 66 0.30 0.46% 72 71 70 70
ICEX 1,237 9.45 -0.76% 1,239 1,227 1,215 1,203
OMX Riga 945 5.73 -0.60% 961 946 932 918
SASX-10 638 6.28 -0.97% 625 618 610 603
MSE 4,453 1.09 0.02% 4,354 4,326 4,297 4,269
MBI 10 3,469 1.78 0.05% 3,418 3,385 3,353 3,321
Euronext 100 924 8.50 -0.91% 1,054 1,045 1,035 1,026
Euro Stoxx 50 3,040 23.52 -0.77% 3,379 3,346 3,313 3,281
OMX Tallinn 1,173 15.56 -1.31% 1,210 1,202 1,193 1,185
MONEX INDEX 10,793.29 25.73 0.24% 10,353.68 10,253.31 10,153.98 10,055.71

Asia Price Day Q4/18 Q1/19 Q2/19 Q3/19
NIKKEI 225 21,130 26.62 0.13% 23,944 23,633 23,325 23,022
CSI 300 3,133 4.90 0.16% 3,386 3,334 3,283 3,233
SHANGHAI 2,577 21.32 -0.82% 2,783 2,745 2,708 2,671
SHANGHAI 50 2,398 28.08 -1.16% 2,565 2,524 2,483 2,443
SENSEX 36,347 77.01 0.21% 35,941 35,632 35,324 35,020
KOSPI 2,077 14.42 0.70% 2,315 2,291 2,268 2,245
DSE Broad 5,234 15.58 0.30% 5,321 5,272 5,223 5,175
JCI 6,082 7.44 -0.12% 5,870 5,796 5,723 5,650
TASI 7,943 24.87 -0.31% 7,960 7,883 7,807 7,731
TAIEX 9,738 19.45 0.20% 10,938 10,825 10,714 10,603
ADX General 4,829 37.15 -0.76% 4,936 4,892 4,849 4,807
SET 50 1,056 12.76 -1.19% 1,150 1,138 1,127 1,115
FKLCI 1,637 1.63 0.10% 1,778 1,763 1,749 1,734
STI 3,046 68.71 -2.21% 3,224 3,193 3,162 3,131
TA-100 1,398 13.79 -0.98% 1,472 1,460 1,448 1,436
Hang Seng 25,890 77.85 0.30% 27,386 26,988 26,596 26,210
PSEi 7,420 100.00 -1.33% 7,121 7,021 6,923 6,826
KSE 100 38,116 193.36 -0.50% 40,397 39,873 39,354 38,842
KASE 2,288 24.38 1.08% 2,181 2,160 2,138 2,117
QE 10,489 7.46 -0.07% 9,684 9,552 9,423 9,294
HNX 104 0.59 -0.56% 113 111 109 107
VN 927 6.40 -0.69% 995 977 960 943
Kuwait Price 6,633 0.00 0.00% 6,578 6,523 6,468 6,413
SECTMIND 416 0.00 0.00% 412 408 405 401
MSM TOP 30 4,379 28.71 -0.65% 4,502 4,467 4,431 4,396
ASPI 6,047 20.15 -0.33% 5,788 5,759 5,731 5,702
Blom 964 0.00 0.00% 965 958 952 945
ASE 1,900 36.24 1.94% 1,971 1,961 1,952 1,942
LSX Composite 820 2.82 -0.34% 861 848 834 821
MSE TOP 20 20,459 38.18 0.19% 19,988 19,596 19,211 18,836
DFM general 2,511 52.64 -2.05% 2,822 2,795 2,767 2,741
All-Share Index 5,130.83 31.75 -0.62% 5,089.35 5,057.09 5,025.33 4,993.58
NIFTY 50 10,909 20.35 0.19% 10,818 10,723 10,628 10,535
Nikkei Volatility Index 22.64 1.99 9.64% 15.42 14.03 12.77 11.63
Estirad 1,314.27 5.05 -0.38% 1,327.31 1,319.57 1,311.96 1,304.35

Australia Price Day Q4/18 Q1/19 Q2/19 Q3/19
Australian All 5,650 2.80 -0.05% 6,249 6,206 6,163 6,121
ASX 50 5,481 7.00 -0.13% 5,960 5,917 5,874 5,832
ASX 200 5,570 4.96 -0.09% 6,121 6,078 6,035 5,992
NZX 50 8,734 22.17 0.25% 9,261 9,196 9,130 9,065

Africa Price Day Q4/18 Q1/19 Q2/19 Q3/19
NSE-All Share 30,822 213.27 0.70% 32,370 31,977 31,590 31,210
FTSE/JSE TOP 40 45,227 301.71 -0.66% 48,933 48,288 47,649 47,019
JALSH-All Share 51,237 323.39 -0.63% 55,104 54,428 53,759 53,095
Egypt EGX 30 13,121 94.29 -0.71% 14,247 14,051 13,857 13,665
Casablanca CFG 25 11,195 11.21 -0.10% 11,188 11,109 11,032 10,955
Nairobi 20 2,779 24.95 0.91% 2,853 2,832 2,810 2,788
NSE All Share 142 0.19 -0.13% 148 146 145 143
DSEI 2,026 13.11 -0.64% 2,077 2,050 2,022 1,996
TUN 7,240 20.49 -0.28% 7,742 7,688 7,635 7,583
GGSECI 2,466 9.67 -0.39% 2,857 2,831 2,806 2,781
NSX Overall 1,257 13.30 -1.05% 1,292 1,271 1,250 1,229
Gaborone 7,865 0.00 0.00% 7,804 7,772 7,739 7,706
SEMDEX 2,227 1.84 0.08% 2,244 2,236 2,228 2,221
Zimbabwe Industrial Index 494.97 6.65 -1.33% 376.56 366.42 356.59 347.00

TRADING ECONOMICS forecasts are based on its analysts expectations and proprietary global macro models. We work hard to make sure any information we present is accurate and reliable. However, our forecasts are not recommendations to buy or sell nor we are a registered investment adviser. Moreover, the past performance of our models is not necessarily indicative of future results.