The path is clear , higher inflation , and low deposit rates are giving you a negative return . Many maturing Bank deposits are shifting to the fundamentally strong counters in the CSE. Yesterday the selling on the speculative counters seemed to finally end and the fundamentals started to slowly break out with Expo RCL SUN leading and ACL TILE , LWL , CIC,LOLC , VONE , and a few other favorites with continue the momentum towards a healthy 11500 on the ASPI
It must be said it’s only here in paradise that lower bank deposits are attractive to the investing public than the higher yielding Treasuries and that’s certainly a distorted market
