Hammered property stocks poised for a rebound
Investor appetite is seemingly on the mend now that bad news is priced in
22 September 2019 - 18:05
Property share prices, which came under increased pressure in 2019 from weaker-than-expected earnings, have recovered about 3.5% since September 11 when the SA Listed Property Index (Sapy) hit a seven-year low.
Analysts say there has been somewhat of a rebound in investor appetite for property stocks over the past week or so following the release of financial results for the June reporting period...
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