Offshore investors net sellers of South African stocks

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Offshore investors net sellers of South African stocks
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Offshore investors sold a net 1.70 billion rand ($100.10 million) of South African stocks last week, data from the Johannesburg Stock Exchange showed on Tuesday.

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People wearing face masks walk past the Johannesburg Stock Exchange in Sandton, South Africa, November 9, 2020. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG, Jan 3 - Offshore investors sold a net 1.70 billion rand of South African stocks last week,Settlement data on bonds showed net sales of 2.23 billion rand, while trading data showed net purchases of 0.18 billion rand.

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ReutersAfrica /  🏆 31. in CH
 

Is this common? Is this a reflection of the current administration & president?

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