Market Wrap

Taking a look at the day’s business news influencing market moving activity, and forex.

An Arena Holdings production.

Keywords: money, opportunity, business plan, business ideas, business news, income, financial news
Daily English South Africa Business · Business News
1,626 Episodes
1024 – 1044

Market Wrap - Stock pick — Nextera Energy Inc

Rob Towell from Sasfin Securities chose Nextera Energy Inc as his stock pick of the day. "At the moment we still prefer overseas to local, even though locals is having a really good run. We like Nextera Energy, it's a clean energy company of Florida that does wind solar as…
9 Nov 2020 1AM 1 min

Market Wrap - Stock picks — cash and Porsche

Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose Porsche. Masilela said: What's been drawing my attention is the strength of the rand and given that the markets have done so well I'll be sitting on my…
6 Nov 2020 1AM 1 min

Market Wrap - Stock pick — Remgro

Kwame Antwi from KOA Capital chose Remgro as his stock pick of the day. "We're turning a little bit more positive on the economic recovery, we feel that markets had been a bit too bearish, specifically on SA so we actually wanted a stock that sort of represents the SA…
5 Nov 2020 1AM 1 min

Market Wrap - Stock pick — Sirius Property Fund

Nesi Chetty from Stanlib chose Sirius Property Fund as his stock pick of the day. "We like Sirius Property Fund. It's one in the portfolio that we've had for a while and we continue to see longer term value. It's the leading operator of branded business parks and flexible workspaces"
4 Nov 2020 1AM 1 min

Market Wrap - Stock Pick — Paypal

Caroline Cremen from Adviceworx chose Paypal as her stock pick of the day. "My stock pick is a payments company called Paypal and Paypal processes about four billion transactions every three months. It took a dive over the last few days because its third quarter came out and really disappointed…
3 Nov 2020 1AM 1 min

Market Wrap - Stock pick — Reinet

Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day. "My stock pick tonight is Reinet, it is a holding company and has two massive assets being British American Tobacco and then Pension Corp in the UK. Reinet a rand hedge and the rand…
2 Nov 2020 1AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose Cash as his stock pick of the day. "I'm sticking with cash with the election in the US happening next week. According to a report by FiveThirtyEight there is a 5% chance of a vote recount which I think will be very negative…
29 Oct 2020 2AM 1 min

Market Wrap - Stock pick — cash

Nick Kunze from Sanlam Private Wealth chose cash as his stock pick of the day. "We've got the volatility in America the VIX (Volatility Index) is up almost 18% on the day to almost 40 % ​and we are less than a week to elections. We have Germany shutting down…
28 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Netflix

Imtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day. I'm going for Netflix, they reported their numbers in the US last week and it was slightly short of market expectations but if they had to report two days earlier it would have met market expectations…
27 Oct 2020 2AM 5 min
1024 – 1044