'SA Inc' stocks, a term used by investors to describe equities whose performance is strongly correlated to the domestic economy, could experience a relief rally in the weeks after the election.
That's the view of Ninety One portfolio manager John Biccard, who says the 29 May election could even turn out to be a"value investor's dream". 'SA Inc' stocks, which he says could surge as much as 15% higher"within weeks" of the poll provided the outcome is favourable, such as not involving an ANC-EFF or ANC-MK coalition.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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