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SBK Falls?

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Not applicable
Can anybody out there advise why Standard Bank continues to fall. Just the other day I received the "Daily Stadard" review of the share giving them the thumb's up.
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3 REPLIES 3
Pam_1
Regular Contributor
Credit crunch, higher interest rates and slowdown of economy getting factored into the banks' prices. International investors don't discriminate between healthy and sick banks in developing markets, they sell off risk.
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Not applicable
Thanks Pam, are you then saying that the +- 25% held offshore (as indicated in the press release re China) are giving up on us as a financial market. I hope this is not the whole country.
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jamoo
Frequent Contributor
CALM DOWN SHUMI. fundamentals and technicals are just perfect. it is time to load. it is a definite buy. don't despair, hold or load on to what you've got.
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