JSE Top 40 · Updated every trading day
A daily forecast on the JSE Top 40, with the score kept in public.
Every trading morning we publish a directional read on the Top 40. We cover Naspers, FirstRand, Anglo American, Standard Bank and the rest of the index, built from the chart, the SENS notice and the cash flow statement. Then we record what actually happened next to it.
Free to read. Educational market reporting, not financial advice.
What you will actually find here
The Top 40, examined daily
A directional forecast for the index every morning, with concentration, foreign flow, rand sensitivity and the single shares moving the tape.
Forecast accuracy published openly
See the analysis deskSENS, translated
Every JSE SENS notice that touches a Top 40 share, summarised in plain English with context on whether it actually moves the price.
Updated each trading day
Read today's SENS digestThe basics, properly
Charts, balance sheets, warrants, calls, puts. Written like a feature, not a textbook. No jargon smuggled past you.
8 explainers in the learn hub
Browse the learn hubWho this is for
Traders and active investors on the JSE who already know their way around a brokerage app, understand that leverage cuts both ways, and want a daily read on the Top 40 written by people who read the actual filings.
Conviction where it is earned, caution where it is not. The decisions stay yours. The score on ours stays public on the forecast history page.
What the desk covers
- Technical analysis on the JSE Top 40. Trend, momentum, volume, HMA structure and the levels the algorithms are staring at.
- Fundamental analysis. Cash flow, debt, governance and the bits the press release skips on Naspers, FirstRand, Anglo, Standard Bank and the rest of the index.
- Risk, in writing. Warrants and options hurt people faster than ordinary shares. We lead with what can go wrong.