PSG Konsult backs SA stocks to keep 13-month bull run going
Asset manager points to low valuations and apparent renewed interest by foreign investors in local shares
13 April 2022 - 20:05
SA-focused stocks still have upside potential despite their tremendous run over the past 13 months, wealth and asset manager PSG Konsult said on Wednesday, pointing to low valuations and apparent renewed interest by foreign investors in local stocks.
“We continue to be positive about SA. In the past, people have questioned us when we said that. There are some supporting reasons why the rand has been strong and stocks have rebounded. Some of them have to do with improvement in the political landscape,” CEO Francois Gouws said in an interview on Wednesday...
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.