The annual decline in the composite CRMS index continued, with a 8.6 percent y-y contraction in January 2023. The cumulative index fell 1.9 percent since December 2022, with the composite indices for contractors, retailers and non-residential property funds weaker in January 2023. The suppliers index bucked the trend with a 13.2 percent m-m increase (although this was still down 19 percent on a year on year basis) with PPC's market cap higher by 20 percent as at 31 January 2023. On average the overall composite CRMS index ended flat in 2022 following the 35 percent increase in 2021 (off the lows in 2020), with sluggish performances across most of the sub-indices, against an overall increase of 5 percent in the JSE.
The CRMS dashboard provides a detailed summary of the various companies and indices included in the compilation of the CRMS index.
| File |
|---|
| CRMS Dashboard January 2023 | |
