South Africa: Technical Preview - Watch Rates-Sensitive Sectors (AllAfrica.com)
Story date: 2007-10-08 03:37:41
Added on: 2007-10-08 15:00:17
WAITING for Reserve Bank governor Tito Mboweni's rates announcement this week, the recently rampant bull may pause for breath. Theory holds that when rates rise, investors move out of shares into interest-earning investments, and when they fall, investors move back into the share market.
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