EDITORIAL: JSE’s underperformance doesn’t make offshore shares a one-way bet
But the exchange’s recovery has been flattered by Naspers, which is up almost 40%
08 December 2020 - 05:09
With the sort of nightmare year that South Africans have had to endure — with the economy set for its biggest GDP drop since the Great Depression — it might surprise some to see that the JSE is headed for a positive year.
During the worst of the sell-off in March and April, it would have taken a brave person to bet on a recovery in local stocks. And many did duly lose out. On Monday, the local bourse was up more than 3% for 2020, not bad all things considered...
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