South African tech shares — one company up 1,100% in ten years

Argentina Noticias Noticias

South African tech shares — one company up 1,100% in ten years
Argentina Últimas Noticias,Argentina Titulares

Over the past ten years, one South African tech stock increased by 1,100%, while another plummeted by 90%.

South African tech stocks have experienced a lot of volatility over the last decade, with the best-performing share, Alaris, gaining 1,100% and the worst-performing share, Ellies, losing 90.2%.

Alibaba, for example, plummeted from a high of around $300 to under $100 over the last eighteen months. As if conditions were not bad enough, Russia’s invasion of Ukraine and the subsequent spike in the oil price further dampened investor confidence.

 

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business Maverick: South African Assets Become Unexpected Haven for Foreign BuyersBusiness Maverick: South African Assets Become Unexpected Haven for Foreign BuyersSouth African assets are finding favor among foreign buyers even as investors shed most of their riskier holdings after Russia’s invasion of Ukraine.
Leer más »



Render Time: 2025-01-09 22:23:21