Anchor Capital: JSE slides 3.8% in June as resource stocks sink on weaker precious metals prices

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Anchor Capital flagged a June risk-off turn from record highs as sticky inflation, AI valuation jitters, and Iran-related energy swings hit sentiment.
MSCI World fell 0.8% MoM; Nasdaq dropped 2.8% MoM as rotation favored defensives, while the Dow rose 2.5% to a record.
Brent slid 20.8% MoM to USD 72.92/bbl; gold fell 11.7% MoM as the Middle East risk premium unwound.
JSE All Share fell 3.8% MoM; resource shares drove losses as Resi-10 dropped 16.4% MoM on weaker precious metals.
Datatec gained 20.2% MoM on FY26 results and a planned special dividend of up to ZAR 7.1 billion tied to a Westcon refinancing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anchor Capital (Pty) Ltd published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.