Post by cjm on Jul 30, 2016 9:40:58 GMT
Error of convenience
mybroadband.co.za/news/business/174114-fsb-investigating-jses-r98-billion-mistake.html
The JSE reported on Sunday that instead of foreigners investing a net R98.10bn in their South African portfolios in May, June and until July 20, they were net sellers of an accumulative R36.4bn of SA equities in May and June and buyers of just R0.05bn in July.
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The FSB, however, moved on Friday to re-assure the market that it was looking into the circumstances of the lead up and causes of the error, and said it will be taking appropriate steps in this regard.
...
The JSE reported on Sunday that instead of foreigners investing a net R98.10bn in their South African portfolios in May, June and until July 20, they were net sellers of an accumulative R36.4bn of SA equities in May and June and buyers of just R0.05bn in July.
...
The FSB, however, moved on Friday to re-assure the market that it was looking into the circumstances of the lead up and causes of the error, and said it will be taking appropriate steps in this regard.
...