News Formal

CHRIS GILMOUR: Dig for small-cap gems in a dull market

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

Shares such as City Lodge, which is up 89% so far this year, prove that research pays off

Since peaking at 69,814 in early August, the JSE all share index has been falling and by September 20 it had largely wiped out the gains for 2021.

Year to date it is now up a relatively modest 9.8%, having risen 17.6% by August. This compares with 18.7% for the S&P 500. The main drivers of the performance of the Alsi until its record high in August were commodity stocks. Not only did they exhibit some outstanding capital gains but most of them paid record dividends, enhancing their attraction even further...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

STUART THEOBALD: Policy digs us into a hole instead of helping SA mine private investmentIf an enabling approach to mining was pursued, we could see change in fixed capital formation Great article
Source: BDliveSA - 🏆 12. / 63 Read more »