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 51744 81 0.16% 55103 54428
FTSE/JSE TOP 40 45201 -437 -0.96% 48932 48288


Major Price Day Q4/18 Q1/19 Q2/19 Q3/19
Dow Jones 24,619 21.50 0.09% 26,407 26,103 25,804 25,507
S&P 500 2,651 0.53 -0.02% 2,902 2,872 2,842 2,813
NASDAQ 100 6,768 0.00 0.00% 7,582 7,482 7,383 7,285
NASDAQ 7,070 0.00 0.00% 7,990 7,894 7,800 7,707
S&P MidCap 400 1,759 0.00 0.00% 1,995 1,975 1,955 1,936
US 600 892 14.88 -1.64% 1,044 1,033 1,021 1,010
Russell 2000 1,433 22.62 -1.55% 1,678 1,659 1,641 1,623
S&P VIX 20.65 1.11 -0.36% 10.34 9.10 8.01 7.05
US 100 10,007 0.00 0.00% 10,750 10,641 10,533 10,427
NIKKEI 225 21,375 441.36 -2.02% 23,944 23,633 23,325 23,022
FTSE 100 6,878 2.69 -0.04% 7,435 7,368 7,300 7,234
FTSE All 3,753 9.13 -0.24% 4,090 4,055 4,020 3,986
DAX 10,925 4.73 -0.04% 12,196 12,056 11,919 11,784
CAC 40 4,897 12.53 -0.26% 5,456 5,404 5,352 5,300
FTSE MIB 19,049 103.03 0.54% 20,332 20,058 19,786 19,520
IBEX 35 8,926 72.90 0.82% 9,306 9,204 9,103 9,002
Australian All 5,679 35.50 -0.62% 6,249 6,206 6,163 6,121
ASX 200 5,602 59.60 -1.05% 6,121 6,078 6,035 5,992
ASX 50 5,501 61.00 -1.10% 5,960 5,917 5,874 5,832
SHANGHAI 2,605 28.82 -1.09% 2,783 2,745 2,708 2,671
CSI 300 3,166 53.78 -1.67% 3,386 3,334 3,283 3,233
SHANGHAI 50 2,423 34.52 -1.40% 2,565 2,524 2,483 2,443
SENSEX 35,932 2.30 0.01% 35,941 35,632 35,324 35,020
MICEX 2,366 12.80 -0.54% 2,440 2,407 2,374 2,342
TSX 14,750 32.71 -0.22% 16,025 15,918 15,813 15,710
KOSPI 2,069 26.17 -1.25% 2,315 2,291 2,268 2,245
iBovespa 87,838 860.13 0.99% 76,906 75,608 74,332 73,073
IPC Mexico 41,513 614.66 1.50% 49,315 48,827 48,344 47,866
AEX 508 1.45 -0.28% 548 543 538 533
SMI 8,815 46.44 -0.52% 9,038 8,949 8,861 8,775
JALSH-All Share 51,744 81.66 0.16% 55,104 54,428 53,759 53,095
FTSE/JSE TOP 40 45,202 437.11 -0.96% 48,933 48,288 47,649 47,019
STI 3,073 37.94 -1.22% 3,224 3,193 3,162 3,131
Hang Seng 26,055 468.22 -1.77% 27,386 26,988 26,596 26,210
PSI Geral 2,817 13.58 -0.48% 3,102 3,075 3,049 3,022
NZX 50 8,723 47.11 -0.54% 9,261 9,196 9,130 9,065
Euronext 100 951 2.49 -0.26% 1,054 1,045 1,035 1,026
Euro Stoxx 50 3,112 4.20 0.14% 3,379 3,346 3,313 3,281
NIFTY 50 10,790 2.00 -0.02% 10,818 10,723 10,628 10,535

America Price Day Q4/18 Q1/19 Q2/19 Q3/19
Dow Jones 24,619 21.50 0.09% 26,407 26,103 25,804 25,507
S&P 500 2,651 0.53 -0.02% 2,902 2,872 2,842 2,813
NASDAQ 100 6,768 0.00 0.00% 7,582 7,482 7,383 7,285
NASDAQ 7,070 0.00 0.00% 7,990 7,894 7,800 7,707
S&P MidCap 400 1,759 0.00 0.00% 1,995 1,975 1,955 1,936
US 600 892 14.88 -1.64% 1,044 1,033 1,021 1,010
Russell 2000 1,433 22.62 -1.55% 1,678 1,659 1,641 1,623
S&P VIX 20.65 1.11 -0.36% 10.34 9.10 8.01 7.05
US 100 10,007 0.00 0.00% 10,750 10,641 10,533 10,427
Ecuador General Index 1,406 0.98 0.07% 1,394 1,387 1,379 1,371
TSX 14,750 32.71 -0.22% 16,025 15,918 15,813 15,710
iBovespa 87,838 860.13 0.99% 76,906 75,608 74,332 73,073
IPC Mexico 41,513 614.66 1.50% 49,315 48,827 48,344 47,866
S&P/BVL Peru General Index TR (PEN) 19,201 44.37 -0.23% 19,382 19,202 19,024 18,846
Merval 31,020 61.58 -0.20% 31,995 31,021 30,078 29,164
IBC 745 9.38 -1.24% 341,310 304,944 272,475 243,482
COLCAP 1,365 8.94 -0.65% 1,505 1,491 1,477 1,464
IGPA 26,158 183.22 0.71% 26,524 26,210 25,901 25,595
BVPSI 452 1.35 -0.30% 457 455 453 451
BSX 2,149 2.25 -0.10% 2,862 2,809 2,756 2,704
JSE 377,494 960.09 0.26% 176,859 85,351 41,191 19,863

Europe Price Day Q4/18 Q1/19 Q2/19 Q3/19
FTSE 100 6,878 2.69 -0.04% 7,435 7,368 7,300 7,234
FTSE All 3,753 9.13 -0.24% 4,090 4,055 4,020 3,986
DAX 10,925 4.73 -0.04% 12,196 12,056 11,919 11,784
CAC 40 4,897 12.53 -0.26% 5,456 5,404 5,352 5,300
FTSE MIB 19,049 103.03 0.54% 20,332 20,058 19,786 19,520
IBEX 35 8,926 72.90 0.82% 9,306 9,204 9,103 9,002
MICEX 2,366 12.80 -0.54% 2,440 2,407 2,374 2,342
AEX 508 1.45 -0.28% 548 543 538 533
BIST 100 91,387 1,335.42 1.48% 96,783 95,059 93,364 91,709
SMI 8,815 46.44 -0.52% 9,038 8,949 8,861 8,775
OMXS 30 1,479 15.46 -1.03% 1,649 1,632 1,614 1,597
WIG 58,953 1,611.06 2.81% 58,279 57,607 56,947 56,292
WIG 20 2,311 37.06 1.63% 2,251 2,219 2,187 2,156
Euronext BEL 20 3,401 0.02 0.00% 3,683 3,651 3,619 3,588
Oslo Bors All-Share 947 7.78 -0.82% 1,062 1,052 1,041 1,031
ATX 2,909 19.77 -0.68% 3,326 3,287 3,249 3,212
OMX Copenhagen 934 8.48 0.92% 967 957 946 936
OMX Helsinki 9,027 66.27 -0.73% 10,081 9,983 9,885 9,788
OMX Helsinki 25 3,806 29.29 -0.76% 4,269 4,225 4,181 4,137
ISEQ 5,536 12.95 0.23% 6,437 6,380 6,323 6,267
Athens General 648 10.92 1.71% 681 671 660 651
PSI Geral 2,817 13.58 -0.48% 3,102 3,075 3,049 3,022
PSI 20 4,823 19.52 -0.40% 5,263 5,213 5,163 5,114
PX 1,029 1.57 -0.15% 1,090 1,083 1,075 1,067
BET 8,588 20.60 0.24% 8,364 8,287 8,211 8,135
BUX 40,042 132.65 0.33% 36,356 35,836 35,323 34,818
PFTS 562 11.63 -2.03% 526 513 502 490
SAX 335 0.00 0.00% 324 319 314 310
LuxX 1,380 6.58 -0.47% 1,683 1,659 1,636 1,613
CROBEX 1,733 16.53 0.96% 1,770 1,758 1,746 1,735
SOFIX 590 2.74 -0.46% 621 616 612 607
SBITOP 797 6.17 -0.77% 834 828 821 814
OMX Vilnius 631 0.37 0.06% 679 673 667 661
BELEX 15 750 1.52 0.20% 722 718 713 709
CSE General 64 0.91 -1.39% 72 71 70 70
MSE 4,432 3.50 -0.08% 4,354 4,326 4,297 4,269
OMX Riga 970 19.38 2.04% 961 946 932 918
SASX-10 641 4.18 0.66% 625 618 610 603
MBI 10 3,504 21.64 0.62% 3,418 3,385 3,353 3,321
Euronext 100 951 2.49 -0.26% 1,054 1,045 1,035 1,026
ICEX 1,233 7.53 0.61% 1,239 1,227 1,215 1,203
Euro Stoxx 50 3,112 4.20 0.14% 3,379 3,346 3,313 3,281
OMX Tallinn 1,197 5.63 0.47% 1,210 1,202 1,193 1,185
MONEX INDEX 10,762.21 64.49 -0.60% 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 21,375 441.36 -2.02% 23,944 23,633 23,325 23,022
SHANGHAI 2,605 28.82 -1.09% 2,783 2,745 2,708 2,671
CSI 300 3,166 53.78 -1.67% 3,386 3,334 3,283 3,233
SHANGHAI 50 2,423 34.52 -1.40% 2,565 2,524 2,483 2,443
SENSEX 35,932 2.30 0.01% 35,941 35,632 35,324 35,020
KOSPI 2,069 26.17 -1.25% 2,315 2,291 2,268 2,245
DSE Broad 5,251 14.83 -0.28% 5,321 5,272 5,223 5,175
JCI 6,174 3.78 -0.06% 5,870 5,796 5,723 5,650
TASI 7,918 36.43 0.46% 7,960 7,883 7,807 7,731
TAIEX 9,774 84.60 -0.86% 10,938 10,825 10,714 10,603
ADX General 4,862 23.97 0.50% 4,936 4,892 4,849 4,807
SET 50 1,069 4.92 -0.46% 1,150 1,138 1,127 1,115
FKLCI 1,665 11.25 -0.67% 1,778 1,763 1,749 1,734
STI 3,073 37.94 -1.22% 3,224 3,193 3,162 3,131
TA-100 1,441 0.06 0.00% 1,472 1,460 1,448 1,436
Hang Seng 26,055 468.22 -1.77% 27,386 26,988 26,596 26,210
PSEi 7,555 31.80 0.42% 7,121 7,021 6,923 6,826
KSE 100 38,429 417.74 1.10% 40,397 39,873 39,354 38,842
KASE 2,277 13.87 0.61% 2,181 2,160 2,138 2,117
QE 10,456 5.22 0.05% 9,684 9,552 9,423 9,294
HNX 107 0.65 -0.61% 113 111 109 107
VN 958 2.51 -0.26% 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 4,448 34.81 -0.78% 4,502 4,467 4,431 4,396
ASPI 6,079 18.56 0.31% 5,788 5,759 5,731 5,702
Blom 951 0.00 0.00% 965 958 952 945
ASE 1,829 17.96 0.99% 1,971 1,961 1,952 1,942
LSX Composite 821 2.09 0.26% 861 848 834 821
MSE TOP 20 19,672 222.49 -1.12% 19,988 19,596 19,211 18,836
DFM general 2,599 25.60 0.99% 2,822 2,795 2,767 2,741
All-Share Index 5,149.67 1.79 -0.03% 5,089.35 5,057.09 5,025.33 4,993.58
Nikkei Volatility Index 21.69 2.10 10.72% 15.42 14.03 12.77 11.63
NIFTY 50 10,790 2.00 -0.02% 10,818 10,723 10,628 10,535
Estirad 1,319.32 0.90 -0.07% 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 5,679 35.50 -0.62% 6,249 6,206 6,163 6,121
ASX 200 5,602 59.60 -1.05% 6,121 6,078 6,035 5,992
ASX 50 5,501 61.00 -1.10% 5,960 5,917 5,874 5,832
NZX 50 8,723 47.11 -0.54% 9,261 9,196 9,130 9,065

Africa Price Day Q4/18 Q1/19 Q2/19 Q3/19
NSE-All Share 30,568 74.30 -0.24% 32,370 31,977 31,590 31,210
FTSE/JSE TOP 40 45,202 437.11 -0.96% 48,933 48,288 47,649 47,019
JALSH-All Share 51,744 81.66 0.16% 55,104 54,428 53,759 53,095
Egypt EGX 30 12,997 140.06 1.09% 14,247 14,051 13,857 13,665
Casablanca CFG 25 11,238 23.13 0.21% 11,188 11,109 11,032 10,955
Nairobi 20 2,762 1.94 -0.07% 2,853 2,832 2,810 2,788
NSE All Share 141 0.02 0.01% 148 146 145 143
DSEI 2,074 0.19 -0.01% 2,077 2,050 2,022 1,996
TUN 7,277 4.08 -0.06% 7,742 7,688 7,635 7,583
GGSECI 2,505 19.18 -0.76% 2,857 2,831 2,806 2,781
NSX Overall 1,272 30.16 2.43% 1,292 1,271 1,250 1,229
Gaborone 7,867 0.45 -0.01% 7,804 7,772 7,739 7,706
SEMDEX 2,221 3.57 0.16% 2,244 2,236 2,228 2,221
Zimbabwe Industrial Index 515.04 7.15 -1.37% 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.