Goldman Sachs Forecasts South African Asset Rally After Rating Upgrade

Goldman Sachs analysts project a significant rally in South African financial markets following the nation’s recent sovereign credit rating upgrade. The forecast suggests renewed investor confidence will drive capital inflows across local equities and bonds.

1 Sept, 11:43 — 1 Sept, 11:43

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bloombergHigh1d ago

Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

Markets are not pricing in the probability of South Africa’s return to investment grade, leaving scope for government bonds, stocks and the rand to rally, according to Goldman Sachs Group Inc.

By Mpho Hlakudi

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First report: bloomberg · 1 Sept, 11:43|Full coverage: 2 · 5h|Window: 5h

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bloomberg1 Sept, 11:43First to report

Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

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news24-sa1 Sept, 17:02Latest update

Goldman Sachs Forecasts South African Asset Rally After Rating Upgrade

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Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

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Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

SA can expect an asset rally on credit upgrade – Goldman - news24.com

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