- Wealth PMS
And to continue with the 2011InCharts theme, we have the market snapshot since the highs of 2008:
(Click for larger pic)
We’re at a 16.75 P/E and near recent lows – and below both long-term moving averages. Sectors in 2011:
Rea; estate was destroyed by over half; infrastructure by 39%. Banks and Midcaps were down over 30%, and the only sector that looked good was FMCG, up 8.4%. A bad year for everyone except those selling soap and toothpaste!