logo

Does the bank rally still have legs to run?

PUBLISHED: Mon, 29 Jan 2018 11:38:00 GMT

Share

South African banking stocks have extended a rally since Ramaphosa’s win in December. According to some analysts the renewed investor confidence in the banking sector will probably be rewarded only in the second half of the year. However, with a looming rating decision from Moody’s, how sustainable is this current performance?


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.