South Africa Stocks Flash Oversold Signal After $97 Billion Rout

South Africa Stocks Flash Oversold Signal After $97 Billion Rout

A near $100 billion rout in September has left South Africa’s benchmark stock index at its most oversold level in 17 months, according to a momentum indicator that measures the speed and magnitude of recent price moves.

A near $100 billion rout in September has left South Africa’s benchmark stock index at its most oversold level in 17 months, according to a momentum indicator that measures the speed and magnitude of recent price moves.
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Bloomberg — Markets (EN)




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