Offshore investors net sellers of South African stocks

📆 3/01/2023 7:30 a. m.
📰 ReutersAfrica

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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.

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

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