Murder for the minnows
Top small-cap picks for 2020
Small-cap stocks took an even worse leathering than the larger JSE shares last year. But there were pockets of sunshine. The FM picks ten 10 to watch
09 January 2020 - 05:00
It was another pitiful year for the JSE’s small-cap sector, with risk-averse investors shunning attractive earnings multiples and, in some instances, generous dividend yields.
The small-cap index shed 8%, but it might have been worse were it not for a flurry of corporate action (notably buyouts and takeovers) that buoyed certain share prices...
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