JSE cannot maintain sustainable heights without renewed foreign investor sentiment
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GUEST – Jason Swartz, Portfolio Manager at Old Mutual Investment Group
Outside of the last few weeks of heightened volatility, JSE-listed equities have been on a ‘tear’ recently as positive domestic news flows and local investor sentiment push share prices higher; yet it will take renewed foreign investor interest to push local equities back up to more sustained levels. And currently foreign investors are still taking a wait-and-see approach to local markets.
Outside of the last few weeks of heightened volatility, JSE-listed equities have been on a ‘tear’ recently as positive domestic news flows and local investor sentiment push share prices higher; yet it will take renewed foreign investor interest to push local equities back up to more sustained levels. And currently foreign investors are still taking a wait-and-see approach to local markets.
