JSE ‘recovers’ after aggressive global selloffs

Posted by:

Reserve Bank declares it is ready to intervene to protect the rand.

In a day of near madness which saw the JSE All Share Index (Alsi) plummet by more than 5%, the index managed to recover in late afternoon trade to close only 2.85% down.

The market rout followed severe selloffs after the Shanghai exchange shed 8.5% to augment concerns about the Chinese economy. The blood also flowed in Europe where the FTSE 100 (-4.5%), the DAX (-3.7%) and the CAC40 (-4.6%) saw aggressive selloffs.

The Dow Jones also opened nearly 5% lower, but recovered in mid-morning trade to trade down 2.9%.

The selling seems to be across the board. Basil Read fell by nearly 20%, EOH by 9.9%, Glencore by 8.6%, MTN was down 7.8%, Northam 6.7%, Anglo American by 6.5%, Kumba by 6.4% and BHP Billiton by 5.6%.

On the upside gold counters performed well. AngloGold jumped by 7.6%, Harmony by 6.3% and Goldfields by 4.8%.

The gold price was down 0.34% trading at $1157, while platinum was down 3.1% at $987.

Rand under pressure

This selloff also follows a sharp devaluation of the rand. At 5:40pm the rand was trading at R13.18 to the dollar, after touching R14 briefly over the weekend. The currency was also trading weaker against the euro (R15.29) and pound sterling (R20.79).

The Reserve Bank (Sarb) has announced that it is considering intervening in the market, a step the bank has avoided in recent years as such intervention is usually not very effective. “In the event of developments that threaten the orderly functioning of markets or that may have financial stability implications, the Sarb may consider becoming involved in foreign-exchange markets to ensure orderly market conditions,” the bank said in a statement.

“While we are concerned about excessive volatility, the Sarb is committed to the exchange rate of the rand being set by market forces,” it stated.

Approaching bear market

The JSE is now firmly entrenched in an official correction. The Alsi has shed 4.3% since the beginning of the year, and 18% since April when the index reached an all-time high. If the Alsi would show losses in excess of 20% since April, the index would enter an official bear market.

In a note issued on Monday, Investec Asset Management’s Clyde Rossouw and Sumesh Chetty, say the current market turmoil comes as no surprise. “Over the past few months we have seen markets start to retreat, and the most recent turmoil is a more violent expression of this.”

Rossouw and Chetty also contend that the global picture is not much rosier. “China continues to print real GDP growth figures of 7%, but our analysis shows that the economy is actually contracting.”

The portfolio managers also say the US economy is weaker than reported numbers suggest. “Growth and job creation over the last six years has been supported by the booming shale oil states, with the rest of the country still in decline. With the count of shale oil rigs reducing as a result of lower oil prices, we are concerned that investors will not see the economic recovery that they are anticipating. We believe that this weakness will limit the extent to which the Fed will be able to raise rates, and that a normalisation of interest rates is highly unlikely.”

Rossouw and Chetty also believe that the market slowdown is set to continue as “there is no significant wall of cash waiting to drive them higher. We believe this is a very necessary correction to bring market valuations more in line with muted growth expectations.”

Foreigners are net sellers

Ryan Wibberley, head of trading at Investec Asset Management, says Monday’s selloff, while particularly severe, is not an isolated event and follows similar declines over the past few weeks on several international markets. “If you add them up, there have been major reversals around the world.”

He says there is concern over the slowdown in Chinese economic activity and the impact this will have on the global economy. “If you believe there will be a protracted global economic slowdown then this could be just the beginning of market weakness. But if you feel there are the necessary tools to arrest the situation and stir growth then perhaps the current pullback is an opportunity. A delay in a US rate hike might help markets, as might stimulus activity out of China”

It also seems as if foreigners have been selling local equities in recent weeks. “We have seen net foreign selling in recent weeks, but this has been across several emerging markets,” Wibberley says. “The rand was consequently hard hit as it is such a liquid currency.”

He says the high beta stocks are especially being hit. “The likes of MTN and Naspers are highly liquid and they are bearing the brunt of the selloffs.”

Source: http://www.moneyweb.co.za/investing/equities/panic-selling-on-the-jse/

649

About the Author:

  Related Posts
  • No related posts found.

Comments

You must be logged in to post a comment.

  1. Google  November 28, 2017
  2. Google  November 28, 2017
  3. usa online casinos  November 28, 2017
  4. porn sites  November 28, 2017
  5. swivel hanger  November 28, 2017
  6. 莎娜琳  November 28, 2017
  7. metal coasters  November 28, 2017
  8. heap iphone case  November 28, 2017
  9. top porn sites  November 28, 2017
  10. stainless steel hanging  November 29, 2017
  11. United First Class Tickets  November 29, 2017
  12. tools stainless steel  November 29, 2017
  13. deeeep.io animals  November 30, 2017
  14. spin.io  November 30, 2017
  15. best free porn  November 30, 2017
  16. best porn sites  November 30, 2017
  17. deeeep.io evolution tree  November 30, 2017
  18. spinz oi  December 1, 2017
  19. Gunnar Andreassen SEO  December 1, 2017
  20. porn sites  December 1, 2017
  21. Ludo Star Hack Apk  December 1, 2017
  22. porno  December 1, 2017
  23. Luft til vann vamrepumpe  December 1, 2017
  24. varmepumpeoversikt.no  December 2, 2017
  25. homemade porn sites  December 4, 2017
  26. instagram porn  December 4, 2017
  27. dildo review  December 5, 2017
  28. best butt plug  December 5, 2017
  29. clit licker toy  December 5, 2017
  30. Live Video Chat With Santa Claus  December 5, 2017
  31. landal ski winterberg  December 5, 2017
  32. best kona coffee  December 5, 2017
  33. best kona coffee beans  December 5, 2017
  34. monday dhamal  December 5, 2017
  35. best kona coffee online  December 6, 2017
  36. mp3 song  December 6, 2017
  37. free india porn videos  December 6, 2017
  38. body wand attachments  December 6, 2017
  39. cheap viagra online  December 6, 2017
  40. strongest prostate vibrator  December 7, 2017
  41. Orlando SEO  December 7, 2017
  42. payday loan  December 7, 2017
  43. Orlando SEO  December 7, 2017
  44. Iphone glass  December 7, 2017
  45. 123movies  December 7, 2017
  46. clitoral vibrator  December 8, 2017
  47. bitcoin  December 8, 2017
  48. how to get ready for anal  December 8, 2017
  49. dillion harper stroker  December 8, 2017
  50. Escorts Barcelona  December 8, 2017
  51. Big Boss Realistic Vibrator  December 8, 2017
  52. dildo realistic  December 9, 2017
  53. penis ring use  December 9, 2017
  54. how to make money  December 9, 2017
  55. stormwatchclan.com  December 9, 2017
  56. ties2family.com  December 9, 2017
  57. air max 2016  December 9, 2017
  58. gynexol  December 9, 2017
  59. hdmi-univers.com  December 10, 2017
  60. finger vibe  December 10, 2017
  61. inflatable doll  December 10, 2017
  62. girls nike shoes  December 10, 2017
  63. anal sex starter kit  December 10, 2017
  64. Recruitment consultants in Bangalore  December 10, 2017
  65. clitoral vibrators  December 10, 2017
  66. autorepairoverlandpark.net  December 10, 2017
  67. get bigger naturally  December 10, 2017
  68. jerrabomberrawetlands.org  December 11, 2017
  69. Nyheter Salten  December 11, 2017
  70. porn list  December 11, 2017
  71. the last of us on pc download  December 11, 2017
  72. bizzibsembroidery.com  December 11, 2017
  73. au-loisir-creatif.com  December 11, 2017
  74. learn to play harmonica  December 12, 2017
  75. mobida2.com  December 12, 2017
  76. paypal  December 12, 2017
  77. maranathafarm.org  December 12, 2017
  78. Small dick & Big Boobs  December 12, 2017
  79. rhalyns online store  December 12, 2017
  80. biofuel-systems.com  December 12, 2017
  81. cd key the last of us pc yahoo  December 12, 2017
  82. طراحی سایت ارزان  December 12, 2017
  83. เสื้อผ้า  December 12, 2017
  84. keep fit  December 12, 2017
  85. best porn sites  December 13, 2017
  86. Masturbation  December 14, 2017
  87. best lubes for anal  December 14, 2017
  88. Adam and Eve Penis Extender  December 14, 2017
  89. shemales  December 14, 2017
  90. shemale  December 14, 2017
  91. پنجره  December 14, 2017
  92. penis pump price  December 14, 2017
  93. پنجره یو پی وی سی  December 14, 2017
  94. Hot Tube  December 15, 2017
  95. vacancy in har​yana  December 15, 2017
  96. ΚΑΝΕ ΣΕΧ ΑΘΗΝΑ  December 15, 2017
  97. tile and grout cleaning  December 15, 2017
  98. pink rabbit vibe  December 16, 2017
  99. Jogos Kizi  December 16, 2017
  100. ladyboy porn  December 16, 2017
  101. shemale porn  December 16, 2017
  102. Marketing1on1.com contextual link building service  December 16, 2017
  103. marketing1on1.com/buy-backlinks  December 16, 2017
  104. هاست  December 16, 2017
  105. 海美迪  December 17, 2017
  106. dvd porn buy  December 17, 2017
  107. australia-michaelkors.rodinmath.com  December 17, 2017
  108. Little Lunch Kartoffelsuppe  December 17, 2017
  109. kona coffee organic gourmet coffee beans  December 17, 2017
  110. best gourmet pure kona coffee store  December 18, 2017
  111. best work from home opportunities  December 18, 2017
  112. careers you can work from home  December 18, 2017
  113. goodslighting shop  December 18, 2017
  114. china-knobs shop  December 19, 2017
  115. car rental cordoba  December 20, 2017
  116. Buy Ethereum  December 20, 2017
  117. escorts in nottingham  December 20, 2017
  118. ebay alternatives  December 20, 2017
  119. Social Media earning  December 20, 2017
  120. HD PORN MOVIES DOWNLOAD  December 20, 2017
  121. 美容外科  December 21, 2017
  122. Crankcase vent hose  December 21, 2017
  123. 100% pure kona coffee  December 21, 2017
  124. wedding dresses  December 21, 2017
  125. walmartone  December 21, 2017
  126. walmartone  December 21, 2017
  127. bedside cabinet  December 22, 2017
  128. work from home  December 22, 2017
  129. walmartone  December 22, 2017
  130. mobile accessories  December 22, 2017
  131. mobile phone accessories  December 22, 2017
  132. look here  December 24, 2017
  133. click to read  December 25, 2017
  134. click here for more  December 25, 2017
  135. go to the website  December 25, 2017
  136. Litespeed Web Hosting  December 25, 2017
  137. fake gucci shoes  December 26, 2017
  138. online shopping  December 26, 2017
  139. excel tutorial  December 26, 2017
  140. excel  December 26, 2017
  141. Université  December 26, 2017
  142. video excel  December 26, 2017
  143. best baby swing  December 26, 2017
  144. Agen Bandar Bola  December 26, 2017
  145. learn the facts here now  December 26, 2017
  146. read this article  December 27, 2017
  147. excel guide  December 27, 2017
  148. xxx porn  December 27, 2017
  149. skin whitening  December 27, 2017
  150. Darwin Horan  December 27, 2017
  151. china-outdoor-goods shop  December 27, 2017
  152. navigate to these guys  December 28, 2017
  153. Learn More Here  December 28, 2017
  154. Darwin Horan  December 28, 2017
  155. charlotte auto glass  December 28, 2017
  156. wedding dress toronto  December 28, 2017
  157. managed dedicated servers  December 28, 2017
  158. envios a USA  December 29, 2017
  159. linux dedicated servers  December 29, 2017
  160. دانلود اینه بغل  December 30, 2017
  161. http://sexmake.com/  December 30, 2017
  162. دانلود فیلم آینه بغل  December 30, 2017
  163. Auburn, Covington, Kent physician take all insurances  December 31, 2017
  164. buy viagra online  December 31, 2017
  165. Western Boots, Hunting Boots, Country Apparel, Work Boots  December 31, 2017
  166. Our Limousine service Vancouver BC office  January 3, 2018
  167. money  January 3, 2018
  168. Surrey Limo  January 3, 2018
  169. Vancouver Limo Services  January 3, 2018
  170. 80's R&B  January 4, 2018
  171. Throwback music  January 4, 2018
  172. Surrey Limo  January 4, 2018
  173. 80's hits  January 4, 2018
  174. vermiculite  January 5, 2018
  175. Free Chrome Extensions 2018  January 5, 2018
  176. awesome project management tools 2018  January 5, 2018
  177. wordpress  January 5, 2018
  178. NAP Sleep Salons  January 5, 2018
  179. china-tradekey shop  January 5, 2018
  180. xvideos  January 5, 2018
  181. sell for free uk  January 6, 2018
  182. 816-524-0404 child custody lawyer  January 6, 2018
  183. matthew pillmore  January 7, 2018
  184. ebay alternatives in the uk  January 7, 2018
  185. drone-works  January 7, 2018
  186. matthew pillmore  January 7, 2018
  187. divorce attorney  January 7, 2018
  188. www.drone-works.com  January 7, 2018
  189. Online Boutique  January 7, 2018
  190. اپل ایدی  January 7, 2018
  191. click this  January 7, 2018
  192. starta casino  January 7, 2018
  193. Earrings for women  January 7, 2018
  194. Gigi Cesare Official Video  January 8, 2018
  195. she said  January 8, 2018
  196. white label casino  January 8, 2018
  197. cost of homeowners insurance  January 8, 2018
  198. geico quotes  January 8, 2018
  199. jake burgess  January 9, 2018
  200. buy china goods  January 9, 2018
  201. gieco insurance  January 9, 2018
  202. Fake Ray Bans  January 9, 2018
  203. jake burgess  January 9, 2018
  204. buy china goods  January 9, 2018
  205. click this  January 10, 2018
  206. bankruptcy lawyers  January 10, 2018
  207. Tags  January 10, 2018
  208. big farm mobile harvest hack  January 10, 2018
  209. Flower delivery singapore  January 11, 2018
  210. improve typing  January 11, 2018
  211. licensed moneylender  January 11, 2018
  212. Lotto Dominator Reviews  January 11, 2018
  213. secrets of million dollar graphic designers  January 11, 2018
  214. touch typing  January 11, 2018
  215. licensed moneylender  January 11, 2018
  216. 100% kona coffee  January 12, 2018
  217. kona coffee bean  January 12, 2018
  218. graphic design  January 12, 2018
  219. cannabis oil cancer where to buy  January 12, 2018
  220. חנוכת בית  January 12, 2018
  221. Kon coffee  January 12, 2018
  222. extracting cbd from hemp  January 12, 2018
  223. دوربین مدار بسته  January 12, 2018
  224. خرید vpn  January 12, 2018
  225. hemp products  January 12, 2018
  226. חנות למזוזות בלוד  January 13, 2018
  227. cbd oil prices  January 13, 2018
  228. סופר סת"ם בלוד  January 13, 2018
  229. תפילין בלוד  January 13, 2018
  230. خرید vpn  January 13, 2018
  231. خرید vpn  January 13, 2018
  232. buy hash oil  January 13, 2018
  233. cannabis oil no thc  January 13, 2018
  234. תשמישי קשודה בלוד  January 13, 2018
  235. طراحی سایت  January 13, 2018
  236. خرید vpn  January 14, 2018
  237. benefits of green tea for skin  January 14, 2018
  238. coupon code  January 14, 2018
  239. AUTO insurance zip code comparison  January 14, 2018
  240. bigbreast  January 14, 2018
  241. psn code generator 2018  January 14, 2018
  242. playstation  January 14, 2018
  243. coupon code  January 14, 2018
  244. affordable homeowners insurance  January 14, 2018
  245. free xbox live gold codes  January 14, 2018
  246. 100% K coffee  January 14, 2018
  247. هاست وردپرس  January 14, 2018
  248. Kona C 100%  January 15, 2018
  249. 100% pure coffee beans  January 15, 2018
  250. پک دوربین مداربسته ahd  January 15, 2018
  251. http://www.dosgamesdownload.com  January 15, 2018
  252. missionary  January 15, 2018
  253. best 100%  January 15, 2018
  254. cheap insurance quotes  January 15, 2018
  255. persian tar  January 15, 2018
  256. grand canyon  January 15, 2018
  257. jake burgess  January 15, 2018
  258. pewność siebie  January 15, 2018
  259. jake burgess  January 15, 2018
  260. خرید vpn  January 15, 2018
  261. Resources  January 15, 2018
  262. her comment is here  January 15, 2018
  263. homeowners insurance through Usaa  January 16, 2018
  264. Find Out More  January 16, 2018
  265. allstate auto quote  January 16, 2018
  266. hartford insurance claims  January 16, 2018
  267. hartford auto insurance login  January 16, 2018
  268. progressive insurance  January 16, 2018
  269. Los Angeles Escorts  January 16, 2018
  270. insurance quotes for auto and home  January 16, 2018
  271. Geico insurance quote  January 16, 2018
  272. Allstate auto insurance quotes  January 16, 2018
  273. Website  January 16, 2018
  274. شهرزاد سوم  January 17, 2018
  275. dating  January 17, 2018
  276. xyz軟體王  January 17, 2018
  277. wedding gowns toronto  January 17, 2018
  278. chinaecvv.com  January 17, 2018
  279. شهرزاد 3  January 17, 2018
  280. سئو  January 17, 2018
  281. xyz資訊工坊  January 18, 2018
  282. reviews of Phen375  January 18, 2018
  283. Ray Ban Outlet  January 18, 2018
  284. phen375 dietary supplement  January 18, 2018
  285. Office website  January 18, 2018
  286. خرید اکانت vpn  January 18, 2018
  287. Longchamp Outlet Sale  January 18, 2018
  288. 100 kona coffee  January 18, 2018
  289. kona coffee bean  January 18, 2018
  290. https://penzu.com/journals/16864064/30213714  January 18, 2018
  291. وی پی ان سیسکو  January 19, 2018
  292. 100 kona coffee  January 19, 2018
  293. خرید vpn  January 19, 2018
  294. Tratamento Dependência Química  January 19, 2018
  295. iPhone 7 128GB  January 19, 2018
  296. truth mogul  January 19, 2018
  297. Sell LG G6  January 19, 2018
  298. coffee machines  January 19, 2018
  299. mp3  January 19, 2018
  300. online loans fast cash no loans  January 19, 2018
  301. Dance Instrumentals  January 19, 2018
  302. cheap life insurance for individuals  January 19, 2018
  303. Food Storage Container  January 19, 2018
  304. خرید فیلترشکن  January 20, 2018
  305. خرید kerio  January 20, 2018
  306. 12mm Threaded Bar  January 20, 2018
  307. خرید کولر صنعتی  January 20, 2018
  308. india womens cotton blouse Factory  January 20, 2018
  309. Cambodia men's strip suit supplier  January 20, 2018
  310. خرید vpn  January 20, 2018
  311. خرید اکانت vpn  January 20, 2018
  312. خرید vpn پرسرعت  January 20, 2018
  313. خرید vpn مک  January 20, 2018
  314. gas boiler repairs  January 20, 2018
  315. water pipe  January 20, 2018
  316. boiler repair hammersmith  January 20, 2018
  317. スーパーコピーブランド  January 20, 2018
  318. خرید vpn  January 21, 2018
  319. Token  January 21, 2018
  320. Token  January 21, 2018
  321. خرید کریو  January 21, 2018
  322. خرید اکانت vpn  January 21, 2018
  323. خرید vpn ایپد  January 22, 2018
  324. خرید اکانت کریو  January 22, 2018
  325. Visit This Link  January 22, 2018
  326. Buy Viagra Online  January 22, 2018
  327. Get the facts  January 22, 2018
  328. look what I found  January 22, 2018
  329. Email client support for Yahoo  January 22, 2018
  330. site  January 22, 2018
  331. Full Report  January 23, 2018
  332. خرید vpn  January 23, 2018
  333. Latest gps update  January 23, 2018
  334. Educação  January 23, 2018
  335. visit homepage  January 23, 2018
  336. cazzo grosso  January 24, 2018
  337. خرید کولر صنعتی  January 24, 2018
  338. http://www.86lights.com  January 24, 2018
  339. Buy windows 10 pro  January 24, 2018
  340. emp jammer  January 24, 2018
  341. Is InsideHackerz.com Legit  January 24, 2018
  342. خرید vpn  January 24, 2018
  343. کولر صنعتی  January 24, 2018
  344. Bestecktasche Modell Pochetto  January 24, 2018
  345. sync two directories in Linux  January 24, 2018
  346. تبلیغات در گوگل  January 24, 2018
  347. rsync hacks  January 24, 2018
  348. واکی تاکی اتاق کودک  January 25, 2018
  349. تبلیغات در گوگل  January 25, 2018
  350. Love  January 25, 2018
  351. crazy bulk cutting stack  January 25, 2018
  352. Narutoget  January 25, 2018
  353. خرید اکانت VPN  January 25, 2018
  354. pharmacie moins cher  January 25, 2018
  355. Technologia  January 25, 2018
  356. Technologia  January 25, 2018
  357. تبلیغات در گوگل  January 25, 2018
  358. کولر گازی صنعتی  January 25, 2018
  359. kerio maker خرید  January 25, 2018
  360. تبلیغات در گوگل  January 25, 2018
  361. خرید vpn  January 25, 2018
  362. Black red blue white karate tops  January 26, 2018
  363. bold beginners karate gi  January 26, 2018
  364. pharmacie en ligne luxembourg  January 26, 2018
  365. tam  January 26, 2018
  366. تبلیغات در گوگل  January 26, 2018
  367. تبلیغات در گوگل  January 26, 2018
  368. http://the247doctors.com/  January 26, 2018
  369. معروف ترین کولر صنعتی  January 26, 2018
  370. خرید vpn  January 26, 2018
  371. کریو خرید  January 26, 2018
  372. خرید وی پی ان  January 27, 2018
  373. کولر صنعتی  January 27, 2018
  374. تبلیغ در گوگل  January 27, 2018
  375. Cheap Oakleys for Sale  January 27, 2018
  376. love  January 27, 2018
  377. Cheap Oakleys for Sale  January 27, 2018
  378. خرید vpn  January 27, 2018
  379. ice totally gaming  January 27, 2018
  380. capacitor  January 27, 2018
  381. betrayal  January 27, 2018
  382. Roblox trade  January 27, 2018
  383. خرید وی پی ان  January 28, 2018
  384. Public Law solicitors in London  January 28, 2018
  385. Civil Litigation Solicitors in London only  January 28, 2018
  386. solicitors in London  January 28, 2018
  387. دانلود فیلتر شکن رایگان  January 28, 2018
  388. پروکسی تلگرام چیست  January 28, 2018
  389. تبلیغ گوگل  January 28, 2018
  390. خرید اکانت vpn  January 29, 2018
  391. http://www.china-cheap-goods.com  January 29, 2018
  392. אטליז בהכשר הרב מחפוד  January 29, 2018
  393. buy china goods  January 29, 2018
  394. כרעיים עוף בגוש דן  January 29, 2018
  395. Painting & Decorating in London  January 30, 2018
  396. کولر صنعتی بزرگ  January 30, 2018
  397. تبلیغ گوگل  January 30, 2018
  398. triple stimulator  January 30, 2018
  399. خرید اکانت vpn  January 30, 2018
  400. قیمت کولر آبی 40000  January 30, 2018
  401. خرید فیلتر شکن سیسکو برای کامپیوتر  January 30, 2018
  402. تبلیغ گوگل  January 30, 2018
  403. خريد vpn براي ايفون  January 30, 2018
  404. instagram takipçi satın al  January 30, 2018
  405. xyz 軟體補給站  January 30, 2018
  406. instagram takipçi satın al  January 31, 2018
  407. xyz資訊工坊  January 31, 2018
  408. تبلیغ گوگل  January 31, 2018
  409. رفع ارور 1009 در اپ استور  January 31, 2018
  410. amazon christmas sale 2016  January 31, 2018
  411. pc munkey  January 31, 2018
  412. free PSN code generator  January 31, 2018
  413. kashan  February 1, 2018
  414. termeh  February 1, 2018
  415. ERP System Contruction Set  February 1, 2018
  416. pirater un compte facebook  February 1, 2018
  417. Navision Advanced Management Edition  February 1, 2018
  418. pirater un compte facebook  February 1, 2018
  419. خرید اکانت vpn  February 1, 2018
  420. تبلیغ گوگل  February 1, 2018
  421. خرید vpn برای آیفون  February 1, 2018
  422. خرید کولر صنعتی  February 1, 2018
  423. online multiplayer games  February 1, 2018
  424. کولر صنعتی  February 2, 2018
  425. buy hosting  February 2, 2018
  426. گوگل adwords  February 2, 2018
  427. رفع ارور 1009  February 2, 2018
  428. خرید vpn  February 2, 2018
  429. خرید vpn  February 2, 2018
  430. رفع ارور 1009  February 3, 2018
  431. Red Tea Detox  February 3, 2018
  432. Mainostoimisto  February 3, 2018
  433. کولر 13000  February 3, 2018
  434. رفع ارور 1009  February 3, 2018
  435. Mainostoimisto  February 3, 2018
  436. Andrew Wright Attorney Maine  February 3, 2018
  437. خرید vpn پرسرعت برای کامپیوتر  February 3, 2018
  438. وی پی ان ایفون  February 3, 2018
  439. گوگل adwords  February 3, 2018
  440. خرید vpn  February 3, 2018
  441. Belize city hotels  February 4, 2018
  442. 脱毛  February 4, 2018
  443. گوگل adwords  February 4, 2018
  444. وی پی ان ایفون  February 4, 2018
  445. Calvin klein  February 4, 2018
  446. گوگل adwords  February 4, 2018
  447. vpn  February 4, 2018
  448. کولر صنعتی سه فاز  February 4, 2018
  449. web security mauritius  February 4, 2018
  450. دانلود سریال شهرزاد سوم  February 5, 2018
  451. payday loan  February 5, 2018
  452. دانلود شهرزاد سوم  February 5, 2018
  453. Home insurance quotes  February 5, 2018
  454. وی پی ان ایفون  February 5, 2018
  455. گوگل adwords  February 5, 2018
  456. کولر آبی 40000  February 5, 2018
  457. رفع ارور 1009  February 6, 2018
  458. خرید vpn آیفون  February 6, 2018
  459. گوگل adwords  February 6, 2018
  460. خرید کولر صنعتی  February 6, 2018
  461. ABOGADO ESPECIALISTA en ACCIDENTE TRABAJO  February 6, 2018
  462. cheap oakleys for military  February 6, 2018
  463. most sensual cruises  February 6, 2018
  464. For More Info  February 6, 2018
  465. For More Info  February 7, 2018
  466. our website  February 7, 2018
  467. take a look at the site here  February 7, 2018
  468. hugo scully anal sex  February 7, 2018
  469. تبلیغات در گوگل  February 8, 2018
  470. وی پی ان ایفون  February 8, 2018
  471. active adult communities colorado  February 8, 2018
  472. videos xxx  February 8, 2018
  473. Tony Robbins Tickets  February 8, 2018
  474. https://novin.marketing/  February 8, 2018
  475. وی پی ان ایفون  February 8, 2018
  476. Closed-circuit television  February 8, 2018
  477. tony robbins event  February 9, 2018
  478. php authentication plugin  February 9, 2018
  479. دوربین مدار بسته  February 9, 2018
  480. reseller rights ebooks  February 9, 2018
  481. Closed-circuit television  February 9, 2018
  482. تیوی لاین در دوربین مداربسته  February 9, 2018
  483. persian tar  February 9, 2018
  484. کولر صنعتی ارزان  February 9, 2018
  485. سرور مجازی فرانسه  February 9, 2018
  486. instagram hack  February 9, 2018
  487. سیستم حفاظتی  February 9, 2018
  488. خرید کولر صنعتی  February 9, 2018
  489. سیستم حفاظتی  February 9, 2018
  490. 15 Minute Manifestation Reviews  February 9, 2018
  491. resume templates  February 9, 2018
  492. MCA Rodney Walker  February 9, 2018
  493. resume builder  February 9, 2018
  494. فیلتر شکن اندروید  February 9, 2018
  495. خرید دوربین مدار بسته  February 9, 2018
  496. a floral dress  February 9, 2018
  497. داهوا  February 9, 2018
  498. گوگل adwords  February 9, 2018
  499. domain names uk  February 10, 2018
  500. altinfiyatlariguncel  February 10, 2018
  501. Motor Club of America  February 10, 2018
  502. http://opthamologists-online.com/  February 10, 2018
  503. سیستم حفاظتی  February 10, 2018
  504. خرید vpn وی پی ان  February 10, 2018
  505. کولر صنعتی  February 10, 2018
  506. خرید دوربین مدار بسته  February 10, 2018
  507. تستر دوربین مدار بسته مچی  February 10, 2018
  508. personalized work clothing  February 10, 2018
  509. کولر صنعتی  February 10, 2018
  510. سیستم حفاظتی  February 10, 2018
  511. خرید انلاین کریو پرسرعت  February 10, 2018
  512. کولر صنعتی  February 10, 2018
  513. سیستم cctv  February 10, 2018
  514. خرید گوگل ادوردز  February 10, 2018
  515. خرید دوربین مدار بسته  February 10, 2018
  516. mcgutscheine.com  February 10, 2018
  517. خرید دوربین مدار بسته  February 11, 2018
  518. http://epikavipit.com/  February 11, 2018
  519. Read Full Report  February 11, 2018
  520. خرید vpn  February 11, 2018
  521. find places to eat  February 11, 2018
  522. سیستم cctv  February 11, 2018
  523. خرید دوربین مدار بسته  February 11, 2018
  524. home  February 11, 2018
  525. https://loginsecure.org/login-guides/  February 11, 2018
  526. Read This  February 11, 2018
  527. guide  February 11, 2018
  528. خرید vpn  February 11, 2018
  529. سیستم cctv  February 11, 2018
  530. خرید گوگل ادوردز  February 11, 2018
  531. خرید دوربین مدار بسته  February 11, 2018
  532. طلا و جواهر  February 11, 2018
  533. employee login  February 12, 2018
  534. https://www.employeelogin.org  February 12, 2018
  535. www.onlinelogins.com  February 12, 2018
  536. look here  February 12, 2018
  537. best full face mountain bike helmet  February 12, 2018
  538. Read Full Report  February 12, 2018
  539. شهرزاد فصل سوم قسمت دوم  February 12, 2018
  540. خرید دوربین مدار بسته  February 12, 2018
  541. emergency plumbers north ealing  February 12, 2018
  542. سیستم cctv  February 12, 2018
  543. mountain bike helmet reviews  February 12, 2018
  544. خرید vpn  February 12, 2018
  545. love tips  February 12, 2018
  546. خرید طلا  February 13, 2018
  547. instagram hack 2  February 13, 2018
  548. دانلود سریال شهرزاد فصل دوم قسمت دوم  February 13, 2018
  549. دانلود hotspot shield برای ویندوز کرک شده  February 13, 2018
  550. Phone Whoelsale  February 13, 2018
  551. https://helios7blog.wordpress.com/2018/02/02/best-seo-for-small-business/ {Helios7blog.wordpress.com|have a peek at this web-site|Source Blog|have a peek here|Check This Out|helios7blog.wordpress.com|this contact form|navigate here|his comment is here|web  February 13, 2018
  552. https://helios7blog.wordpress.com/2018/02/10/dangers-swallowing-button-batteries/ {Helios7blog.wordpress.com|have a peek at this web-site|Source Blog|have a peek here|Check This Out|helios7blog.wordpress.com|this contact form|navigate here|his comment is  February 13, 2018
  553. 192.168.1.1  February 14, 2018
  554. boiler repairs  February 14, 2018
  555. butterfly kiss toy  February 14, 2018
  556. knob  February 14, 2018
  557. https://1921681254.online/  February 14, 2018
  558. خرید گوگل ادوردز  February 14, 2018
  559. کولر صنعتی  February 14, 2018
  560. سیستم cctv  February 14, 2018
  561. خرید طلا  February 14, 2018
  562. خرید vpn  February 15, 2018
  563. get paid fast  February 15, 2018
  564. fuck  February 15, 2018
  565. I thought about this  February 15, 2018
  566. JC Penney Associate Kiosk Login  February 15, 2018
  567. my latest blog post  February 15, 2018
  568. going abroad for work  February 15, 2018
  569. travel and work around the world  February 16, 2018
  570. قالب جوملا  February 16, 2018
  571. kona coffee beans online  February 16, 2018
  572. best 100% kona coffee  February 16, 2018
  573. gratis inserieren  February 16, 2018
  574. دانلود شهرزاد قسمت سوم فصل سوم  February 16, 2018
  575. شهرزاد سوم  February 16, 2018
  576. دانلود شهرزاد  February 16, 2018
  577. خرید vpn  February 16, 2018
  578. شهرزاد سوم  February 16, 2018
  579. best toy for prostate orgasm  February 16, 2018
  580. Quince  February 16, 2018
  581. https://disqus.com/by/texassports3/  February 16, 2018
  582. Healing Gemstones  February 16, 2018
  583. دانلود سریال شهرزاد قسمت سوم  February 17, 2018
  584. nipple fetish  February 17, 2018
  585. https://www.zotero.org/texassports3  February 17, 2018
  586. سیستم cctv  February 17, 2018
  587. فصل سوم شهرزاد چهارم  February 17, 2018
  588. دانلود سریال شهرزاد سوم  February 17, 2018
  589. best heartburn relief  February 18, 2018
  590. melasma pictures upper lip  February 18, 2018
  591. stick games  February 18, 2018
  592. transfer services  February 18, 2018
  593. melasma treatment  February 18, 2018
  594. usaa term insurance  February 18, 2018
  595. Nürnberg  February 18, 2018
  596. خرید دوربین مدار بسته  February 18, 2018
  597. geometry dash lite  February 18, 2018
  598. allstate quote homeowners  February 19, 2018
  599. usa insurance for veterans  February 19, 2018
  600. خرید اپل ایدی  February 19, 2018
  601. the hartford auto insurance  February 19, 2018
  602. pornsite  February 19, 2018
  603. http://un-relatable.tumblr.com  February 19, 2018
  604. christian louboutin sale  February 19, 2018
  605. تعمیر صندلی  February 19, 2018
  606. http://naturanegavit.tumblr.com/  February 19, 2018
  607. کولر صنعتی  February 20, 2018
  608. http://2ch-ranking.net/redirect.php?url=http://noisefestival.com/blog/migrenowe  February 20, 2018
  609. دوربین مداربسته  February 20, 2018
  610. خرید vpn  February 20, 2018
  611. http://2ch-ranking.net/redirect.php?url=http://www.mfpc.tv/ch/userinfo.php?uid=6225451  February 20, 2018
  612. http://2ch-ranking.net/redirect.php?url=http://www.3d.pl/wwwboard/profile.php?mode=viewprofile&u=5730  February 20, 2018
  613. http://sougo-coaching.jp/userinfo.php?uid=48028  February 20, 2018
  614. cara bermain judi dadu android  February 20, 2018
  615. hp drivers  February 20, 2018
  616. g web vibrator review  February 21, 2018
  617. clitorus sex toy 2018 review  February 21, 2018
  618. خرید گوگل ادوردز  February 21, 2018
  619. کولر صنعتی  February 21, 2018
  620. stimulator toy  February 22, 2018
  621. sex bondage  February 22, 2018
  622. Sanitär  February 22, 2018
  623. Angela White Blacked Cant Wait To Take BBC  February 22, 2018
  624. powerful classic vibrators  February 22, 2018
  625. click this  February 22, 2018
  626. blanket  February 22, 2018
  627. good diet  February 22, 2018
  628. 50 shades of grey greedy girl  February 22, 2018
  629. his comment is here  February 22, 2018
  630. adam and eve black magic g review  February 23, 2018
  631. nutrition  February 23, 2018
  632. list of business directories  February 23, 2018
  633. business profile listing  February 23, 2018
  634. credit report  February 23, 2018
  635. crystal and magnetic therapies  February 23, 2018
  636. pumping breastmilk made easy  February 23, 2018
  637. Birmingham  February 23, 2018
  638. Withdraw Bitcoin to Bank Account  February 23, 2018
  639. TAXI FROM COVENTRY TO LUTON AIRPORT  February 23, 2018
  640. simple verses compound interest home loans  February 23, 2018
  641. special weight loss and dieting offers  February 23, 2018
  642. خرید دوربین مدار بسته  February 23, 2018
  643. دانلود سریال شهرزاد  February 23, 2018
  644. خرید طلا  February 23, 2018
  645. خرید فیلتر شکن اندروید  February 23, 2018
  646. investing in precious metal gold  February 23, 2018
  647. کولر سوله  February 23, 2018
  648. pets mega malls  February 24, 2018
  649. essential oils for perfect wellness and health  February 24, 2018