Analyst predicts bear market for festive period

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.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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