Markets respond positively to GNU: Paolo Senatore

The local capital markets have responded positively to the Government of National Unity, with the JSE All Share Index hitting highs in recent sessions and the local currency markedly firmer. Some believe that contrary to previous years, the local stock market could be ripe for the return of international investors especially given that South African stocks have been trading at a discount for several years. This means there's scope for stock valuations to rise. To share his thoughts on this and more, I'm joined by Paolo Senatore, Head of Equities at Melville Douglas Boutique Investment Management for the Standard Bank Group. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.