RES 0.00% $4.61 resource generation limited

SA President

  1. 1,352 Posts.
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    Hi all I found this interesting: https://m.fin24.com/Markets/Equities/an-equity-guide-to-ramaphosa-winners-and-losers-in-sa-20180215 Johannesburg - Equity investors reacted with euphoria to Jacob Zuma’s resignation as South African president, with stocks soaring the most in more than three years. Cyril Ramaphosa, who was elected as Zuma's successor on Thursday afternoon, is expected to pursue market-friendly policies. Mining Local plays in the mining sector, Anglo American and platinum stocks, which would have been weighed down by uncertainty surrounding new rules for the industry in the proposed Mining Charter, will benefit from optimism that Ramaphosa will pursue an investor-friendly approach, said Rassou. "When emerging markets are in favor, then commodities start to pop up their head and that will filter through to our miners," said Pietropaolo. "So I do think this still has legs. Is Pitman still around these days? Interested to hear his view. Cheers
 
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