Weaker dollar and rising demand bode well for SA equity market rebound
07 March 2021 - 17:17
Covid-19 chaos and extraordinary volatility notwithstanding, it was gratifying that the SA equity market recovered all its losses by the end of 2020. This year started strong, with every indication that we are well positioned for further recovery.
A string of recent positive macro developments, coupled with a weaker US dollar and tight supply-and-demand dynamics in some commodities, should see equity markets continue to grind higher. A lot of liquidity is targeting equity markets and, more specifically, emerging markets such as ours, as investors seek attractive real returns...
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