The monthly JSE All-share Index return again declined, by 3.3% month-on-month in May, after a 5.3% rise was recorded in April. Seven of the eight major JSE sectors recorded negative month-on-month returns. These were: Consumer Services (-3.8%); Financials (-6.1%); Telecoms (-7.9%); Healthcare (-6.4%); Technology (-0.6%); Industrials (-10%); and Consumer Goods (-4%). Resources was the exception, having recorded an increase of 4.1%.
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