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

Post Share

Sources

Showing 1 of 2 sources

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

Read full article →

Coverage Timeline

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

Left-leaningCenterRight-leaning

bloomberg1 Sept, 11:43First to report

Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

5h later

news24-sa1 Sept, 17:02Latest update

Goldman Sachs Forecasts South African Asset Rally After Rating Upgrade

Sources

Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

Coverage Timeline

Goldman Sees Room for South Africa Asset Rally on Credit Upgrade

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

Related Stories

Chevron and Eni Expand Oil Operations in Venezuela Following US Deal

Trump Says He Is Pleased Harry and Meghan Moved to the UK

Yen Surges Amid Renewed Speculation of Japanese Intervention

New York Fed Chief Links Rising Bond Yields to Strong U.S. Economic Outlook