Good news, but I still avoid

Finweek English Edition - - MARKETPLACE -

Mediclinic saw some good news out of Abu Dhabi as the 20% co-pay­ment for cer­tain med­i­cal aid users was waived at Mediclinic hos­pi­tals. The share shot up 13.3% on the news and this prompted many read­ers to point out to me that not all reg­u­la­tory news is bad news in the health sec­tor, and in­deed they are right. How­ever, my view re­mains that most reg­u­la­tory news will be bad in this space, and more im­por­tantly, I do not want an in­vest­ment that is be­holden to reg­u­la­tory news. So, I con­tinue to stay away from this sec­tor.

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