The JSE All Share Index surpassed 100 000 points for the first time in history. Most other indices also reached all-time highs, but the local market did exceptional.

June was dominated by what was coined by Donald Trump as the 12-day war. Israel launched airstrikes on key Iranian nuclear sites—Fordow, Natanz, and Isfahan—killing nuclear scientists and military commanders, aiming to delay Iran’s nuclear progress.

Markets rallied as investors cheered a tariff truce between the United States and China that greatly reduces the risk of a global recession.