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

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.

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Business 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.
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