March / April was up and down for the local markets. The local market looks like a ship lost at sea with nowhere to go. The rand strengthened slightly in March but is weakening in April due to local problems and the threat of a bad election.
Offshore markets were good in March but gave back some territory in April. We have seen a lift again by 23rd April and we are hoping to end April on even.
All the worlds’ eyes are focussed on the middle east as matters there are escalating. It looks like Israel is not going to back down on any attack from who ever and they have the full backing from the USA.