Anchor expects JSE to rally 16% over the next 12 months
23 October 2022 - 16:26
Anchor Capital is picking SA stocks to provide investors with a projected return of about 16% over the next 12 months as a potential recovery in global risk appetite causes investors return to higher-yielding assets.
Thanks to a global market sell-off this year in the wake of the Ukraine war and weak domestic economic growth, which has caused the JSE all share index to lose about 12.1% so far this year, Anchor CEO Peter Armitage said SA stock valuations are now “extremely cheap”...
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