JSE will not offer last year’s ‘easy money’ in 2022, says Denker Capital
Denker Capital, the asset manager spun out of Sanlam in 2015 says SA investors need to moderate their expectations for local equities in 2022, though it believes the bourse could still deliver double-digit returns even after last year’s bull run.
The JSE all share index defied the prophets of doom in 2021 when it rallied 24.1%, despite index heavyweights Naspers and Prosus losing 18% and 18.3% respectively. That was partly due to a surge in resource stocks on a commodity market rally led by Royal Bafokeng Platinum (up 139%), Anglo Platinum (26%) and Glencore (73.3%), as well as a small caps index that surged 52%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.