Market Wrap

Market Wrap - Stock pick — Exxaro

Steven Schultz from Momentum chose Exxaro as his stock pick of the day "It is a little bit of a gamble but I do think that the numbers work out quite favourably and in the case Exxaro. They obviously have stable thermal coals demand in place, albeit at lower prices…

28 Apr 2020 2AM 1 min

Market Wrap - Stock picks — MTN and Prosus

Sam Mokorosi from Vunani Capital and David Shapiro from Sasfin Securities talk to Business Day TV Mokorosi said: "We are going to go contrarian at the moment, we think that MTN has been beaten down quite a bit over some time and one of the things that we are looking…

24 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Santam

Nolwandle Mthombeni from Mergence Investment Managers chose Santam as her stock pick of the day "My stock pick is Santam, they are a short term insurance provider and they have a steady staple stock to be holding in this environment. They are not as cheap and they haven't fallen as…

23 Apr 2020 12AM 1 min

Market Wrap - Stock pick — cash

Kwame Antwi from KOA Capital chose cash as his stock pick of the day. "Unfortunately I'm gonna have to disappoint you and say no for now, what we've been telling people is if you've got cash stay in cash or possibly on bonds, because bonds will be supported in the…

22 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Alibaba

Imtiaz Suliman from Sentio Capital chose Alibaba as his stock pick of the day. "I'm going with Alibaba, they are a Chinese internet company and are really sort of a eBay in China. They've got two platforms, the one is Taobao which is for the small and medium enterprises and…

21 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Remgro

Waldo du Plessis from Nitrogen Fund Managers chose Remgro as his stock pick of the day. My stock pick right now is Remgro, they are moving forward with the unbundling of the RMH asset which is a currently 28% of their net asset value. RMH is moving to unbundle their…

20 Apr 2020 2AM 1 min

Market Wrap - Stock pick — SA Gov Bonds

Steven Schultz from Momentum chose SA Government Bonds as his stock pick of the day. "Actually it isn't a stock pick it's a SA Government Bond, the tenure which currently trades of the yield of 10.6% which does feel quite generous and so we did a backward analysis using fairly…

16 Apr 2020 2AM 1 min

Market Wrap - Stock pick — MTN

Nick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day." We're trying to gauge where the themes are going and I think the fact that we're sitting on zoom chatting and more of us are working from home, we like the idea of data and…

15 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Alphabet

Graeme Franck from PSG Wealth Sandton Grayston chose Alphabet as his stock pick of the day. "I think right now balance sheet and quality is absolutely key so on that note just go for all the good quality stuff offshore. We still like Google/Alphabet, everyone's spending more time on their…

14 Apr 2020 2AM 1 min

Market Wrap - Stock pick — FirstRand

Andile Buthelezi from Sentio Capital chose FirstRand as his stock pick of the day. "I'm going to go for FirstRand, on a year-to-date basis our banks have been hurt quite a bit and it's creating a bit of an opportunity in terms of a decent entry point. I think in…

8 Apr 2020 2AM 1 min

Market Wrap - Stock pick — cash

Caroline Cremen from Adviceworx chose cash as her stock pick of the day. "It's going to be cash. In the past I would have said find a dividend producing asset like a bank but as we've discussed, no dividends are safe at this point in time."

7 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day I'm going to go for Nasper tonight they, just released a statement this evening pointing out that they've completed a share buyback program so some investors will remember that they sold about 2% of…

6 Apr 2020 2AM 1 min

Market Wrap - Stock pick - structured products

Viv Govender from Rand Swiss Offshore chose a structured product in dollar and euros as his stock pick of the day "I'm going for a structured product, in the US and the UK, it gives you 20% in dollars if the market stays flat every quarter so it's a nice…

2 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "We're looking for defensive opportunities for post Covid and I think in the short term companies with a strong balance sheet and good cash flow will probably hold their value. Investec Property Fund is one…

1 Apr 2020 2AM 1 min

Market Wrap - Stock pick — JSE

Nolwandle Mthombeni from Mergence Investment Managers chose JSE as her stock pick of the day. "I think there's only one company I have seen today that actually benefitted from the volatility in the market and that's the JSE. I think this is the break they needed and we're seeing value…

31 Mar 2020 2AM 1 min

Market Wrap - Stock picks — Gold ETF, FAANG ETF and Nasdaq ETF

Sam Mokorosi from Vunani Capital chose Gold ETF as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG ETF and Nasdaq ETF Mokorosi said: "If I could for an ETF I would probably go for a Gold ETF just because you have the dual hedge;…

30 Mar 2020 2AM 1 min

Market Wrap - Stock pick — cash

Kwame Antwi from KOA Capital chose cash as his stock pick of the day. "The advice is simple, if you have cash, stay in cash. There will be an opportunity for you to buy what you need to buy and if you're in the markets I guess you are in…

25 Mar 2020 2AM 1 min

Market Wrap - Stock picks — cash and Anglo American

Steven Schultz from Momentum chose short term cash and long term Anglo American as his stock picks of the day. "I'm going short-term cash, a bit of a cop-out I know but I will go bold long-term Anglo American. I think Anglo American is a quality company, diversified miner with…

24 Mar 2020 2AM 1 min

Market Wrap - Stock pick — cash

Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day. "I'm still sticking with cash, cash is safe for now, it's as simple as that."​

23 Mar 2020 2AM 1 min

Market Wrap - Stock pick — SA Government Bonds

Nesan Nair from Sasfin Securities chose Government Bonds as his stock pick of the day. "What I would buy and what is looking really attractive are the R186 medium-term Government bonds. When the bond yields spike up and the market achieves some sort of comfort the bond yields tend to…

20 Mar 2020 2AM 1 min