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

📆 10/03/2022 06:03 a. m.
📰 mybroadband

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 67%

México Noticias Noticias

México Últimas Noticias,México 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.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México 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 BuyersSouth African assets are finding favor among foreign buyers even as investors shed most of their riskier holdings after Russia’s invasion of Ukraine.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »