This South African bank's stock price has jumped 50,000% since 2002 (Infographics)


Nothing, outside a financial-market collapse on the scale of the Great Recession, can faze Capitec Bank Holdings Ltd.

The lender’s stock has gained in all but one of the years since it began trading in February 2002, jumping more than 50,000 percent, the most among banks across emerging markets during that period. Even as South Africa battles an economy ravaged by political unrest, the shares have climbed 24 percent this year, about eight times the rate peers on the FTSE/JSE Africa Banks Index.

Read more: This Bank’s Stock Price Has Jumped 50,000% Since 2002 – Bloomberg

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