AFRICAN BANK

Finweek English Edition - - INVESTMENT -

Re­search house In­tel­lidex has posted a trade idea on The Wire – a so­cial net­work for traders – that sees it long African Bank In­vest­ments Limited and short the Sa­trix Fini In­dex. al­lo­cated 60% to the long po­si­tion and 40% to the short leg. Fol­low­ing re­cent mar­ket move­ments, In­tel­lidex notes: “The trade is back in pos­i­tive ter­ri­tory af­ter the sharp sell-off in f inan­cial counters

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.