Market Wrap - Stock Pick - rand hedges
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Nick Kunze from Sanlam Private Wealth chose Rand hedges as his stock options for the day.
"Once again we are looking at the rand hedges, the rand has been all over the place but and Moody's are apparently knocking around South Africa this week so there might be a bit of negative feedback coming from there so we are a little skeptical about the rand so we tend to prefer rand hedges like AB Inbev or British American Tobacco"
"Once again we are looking at the rand hedges, the rand has been all over the place but and Moody's are apparently knocking around South Africa this week so there might be a bit of negative feedback coming from there so we are a little skeptical about the rand so we tend to prefer rand hedges like AB Inbev or British American Tobacco"
