Market Wrap - Stock Pick — Shoprite

Nick Kunze from Sanlam Private Wealth chose Shoprite as his stock pick of the day.

"I'm going with the retail theme with on the back of Spar, we like Shoprite in that space. We continue to like what they're doing, their margins are still pretty chunky in that area and I said given what Spar results were today, we are encouraged that the South African retailer might just be finding his cheque book."