Analyst predicts bear market for festive period

Friday, December 04, 2015

A stock market analyst at Motswedi Securities has predicted that the market might be silent and subdued during the festive season.

In an interview with BusinessWeek, researcher Tlotlo Ramalepa said the reason for the downtrend was because the blue chips would be heading for their year-ends and half-year end periods.

Blue chips are stocks in a company with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times.

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