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Life
Quattro Life represents some of the top financial advisers in South Africa.
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Insurance
We have licences with all the major insurers, thereby enhancing our ability to tailor-make our products to best suit our clients’ individual needs...
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Investment
We hold contracts with a number of prominent asset managers, including Investec, Allan Gray, Sanlam and Stanlib.
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Health
We believe that nothing is more rewarding than having satisfied clients, and we realise that our success depends on this!
ECONOMIC UPDATE
Dear All
Herewith the latest market information :
| Prime : | 8.50% |
| Gold (US$ per ounce) : | 1 374.00 (-9.00) |
| Brent Crude (US$ per barrel) : | 102.50 (-1.47) |
| Dow Jones : | 15 15 122.00 (-0.76%) |
| JSE Alsi : | 39 621.00 (-3.21%) |
| ZAR/US$ : | 10.09 (+0.08) |
| ZAR / Euro : | 13.39 (+0.03) |
| ZAR / GBP : | 15.73 (+0.06) |
Market moving events : Our market declined sharply yesterday. The benchmark index took its biggest one-day klap in 2 years. With major global banks sending out signals that the monetary stimulus may be over, there was a sell-off of all risk assets. Being an emerging market we bore the brunt of the negativity but we weren’t alone, with Australia also having a tough day. Companies like Impala Platinum, Woolworths and Mediclinc all fell by in excess of 5%.
The US market also had a down day as the Bank of Japan joined other global banks in saying that there was no need to expand the monetary stimulus package.
Positive Pointer: Amid the sell-off yesterday, the SA maufacturing data came out well ahead of expectations.
Enjoy Wednesday.
Gary Bartlett
082 887 4294
www.qfg.co.za