南非全股指数 (JALSHAllShare) 加自选

南非兰特兑美元汇率约为17.35，接近2024年11月初以来的最高点，主要受到贵金属反弹的支撑，金价创下新高。与此同时，投资者的注意力转向了即将公布的国内消费者价格通胀数据和下周的货币政策决定。南非继续努力应对持续的通货膨胀和脆弱的增长前景，现在又受到美国新征收关税的进一步压力。继第一季度小幅增长0.1%后，第二季度经济环比增长0.8%，将年增长率提升至0.6%。然而，整体势头仍然疲软。美国最近对南非商品征收30%的关税，这是撒哈拉以南非洲地区最高的关税，预计将从第三季度开始影响经济表现。

The South African rand traded around 17.35 per USD, near its highest since early November 2024, largely supported by a rally in precious metals, with gold prices hitting new highs. Meanwhile, investor attention shifted toward the upcoming release of domestic consumer price inflation data and next week’s monetary policy decision. South Africa continues to grapple with persistent inflation and a fragile growth outlook, now further pressured by newly imposed US tariffs. The economy expanded by 0.8% quarter-on-quarter in Q2, following a marginal 0.1% increase in Q1, lifting annual growth to 0.6%. However, overall momentum remains sluggish. The recent introduction of a 30% U.S. tariff on South African goods—the highest rate in sub-Saharan Africa—is expected to weigh on economic performance starting in the third quarter.

SAALL指数升至104506.00点的历史高点。在过去的4周里，南非股市综合指数上涨了2.62%，在过去的12个月里，它上涨了27.26%。

SAALL increased to an all-time high of 104506.00 Index Points. Over the past 4 weeks, South Africa Stock Market Index (Composite) gained 2.62%, and in the last 12 months, it increased 27.26%.

南非制造业产出在6月份增长1.9%后，于2025年7月同比下降0.7%，与分析师预测的下降0.6%基本一致。这结束了连续两个月的增长。最大的负贡献来自基础钢铁、有色金属制品、金属制品和机械部门，下降3.3%，减0.7个百分点，以及木材和木制品、纸张、出版和印刷部门，下降1.8%，减0.2个百分点。经季节性调整的月度数据显示，7月份工业产出下降0.5%，6月份上调0.4%。与前三个月相比，截至2025年7月的三个月经季节性调整的制造业产量增长了2.5%。

Manufacturing output in South Africa shrank by 0.7% year-on-year in July 2025, following a 1.9% rise in June and broadly in line with analysts’ forecast of a 0.6% decline. This ends a two-month streak of growth. The largest negative contributions came from the basic iron and steel, non-ferrous metal products, metal products, and machinery division, which fell 3.3% and subtracted 0.7 percentage points, and the wood and wood products, paper, publishing, and printing division, which declined 1.8% and subtracted 0.2 percentage points. On a seasonally adjusted monthly basis, industrial output fell by 0.5% in July, after an upwardly revised 0.4% increase in June. Seasonally adjusted manufacturing production grew by 2.5% in the three months ended July 2025 compared with the previous three months.

2025年7月，南非的采矿产量同比增长4.4%，高于5月份上调的2.5%的增长率，超过了市场预测的3.2%的增长率。这标志着采矿活动连续第三个月增长，也是自去年9月以来最强劲的增长，其中铁矿石（+12.2%）、铂族金属（+6.2%）和其他金属矿物（+45.8%）的贡献最大。经季节性调整的月度数据显示，7月份采矿产量增长了1%，而前一个月上调了0.4%。

Mining production in South Africa rose by 4.4% over a year ago in July 2025, accelerating from an upwardly revised 2.5% increase in May and overshooting market forecasts of a 3.2% growth. This marked the third consecutive month of increases in mining activity and the strongest since last September, with iron ore (+12.2%), PGMs (+6.2%), and other metallic minerals (+45.8%) making the largest contributions. On a seasonally adjusted monthly basis, mining output rose by 1% in July, after an upwardly revised 0.4% increase in the prior month.