Duncan Artus to investors: Stick with it for the long term, if you can!
The movements in stock markets over the last month have been volatile as financial markets react to the despair and hope induced by the coronavirus. There has been a rush for cash with investors pulling an unprecedented amount ofย money from the market as Covid-19 spreads. Biznews founder Alec Hogg touched base with Duncan Artus from Allan Gray on what can be expected in the near and longer term. He provides his views on Naspers, British American Tobacco and Sasol, which registered a 46% surge on the Johannesburg Stock today. And although he says he is not allowed to give advice, Artus has been encouraging people to 'stick it for the long term.' โ Linda van Tilburg
Getting to the investment scenario with Allan Gray's Duncan Artus, we have seen an uplift in the markets this week. Theoretically, looking 6 months ahead we should have semblance of normality?
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