Bulls back as financial stocks recover

Trading in the past few weeks has given strong indications that the market correction that has lasted almost a year may finally be over.

According to a report by Capital Securities, most of the domestic stocks continue to recover from the lows seen over the last 12 months with financial sector, which is approaching its financial reporting season, in the forefront.

In a reversal of the bearish trend that hit the commercial banks since late last year, Standard Chartered, Barclays, ABCH and BIHL have registered strong gains in the past weeks.

Editor's Comment
SADC must see its words become action

An election is held in a member state, international observers raise concerns, but the Southern African Development Community (SADC) often remains silent or offers only gentle, diplomatic praise. This has led to a widespread belief that the regional body prioritises solidarity amongst governments over the democratic rights of ordinary citizens. This is why the preliminary statement from the SADC Electoral Observation Mission (SEOM) on...

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