How much you would have if you invested R1,000 in Discovery, Netcare and other health stocks

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The signing of the National Healthcare Insurance (NHI) Bill spooked investors this week, with some insurers being hit harder than others.

Discovery was particularly affected by the NHI’s singing, while other South African medical insurers with a more diverse portfolio seemed to stem investor jitters.

Discovery has dropped over 18% this year, compared with a 2.7% increase in the FTSE/JSE Africa All Share Index. Avior Capital Markets analyst Adrienne Damant said that under the NHI Bill, one of Discovery’s key divisions will no longer be allowed to operate.South Africa’s FTSE/JSE Health Care Providers Index was among the biggest decliners on the Johannesburg stock exchange Tuesday, with hospital operator Netcare leading a retreat in the sector, falling 5.7%, the most since April 2023.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 24. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités