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
932 – 952

Costco

Caroline Cremen from Adviceworx chose Costco as her stock pick of the day. "The company's called Costco, it is an American supermarket chain, if you think a little bit like Makro, there's a big box store you buy in bulk, but this company doesn't make its money on the margins…
21 Jun 2021 2AM 1 min

Afrimat

Independent Analyst Chris Gilmour chose Afrimat as his stock pick of the day. "I'm still sticking with one of my good old favourites and that's Afrimat. We're still looking around at iron-ore prices still bobbing around and taking a bit of strain in the last couple of days."
17 Jun 2021 2AM 1 min

Medtronic

Rob Towell from Sasfin Securities chose Medtronic as his stock pick of the day. "So we're going abroad, we still like Medtronic. It's a medical devices company as well as surgical company, so they do hip replacements, knee replacements, heart surgery and cutting edge technology and we think over the…
10 Jun 2021 2AM 1 min

AVI pick of the day

Graeme Franck from PSG Wealth Sandton Grayston chose AVI as his stock pick of the day. "So I'm going to go for AVI, it's a very defensive stock , the share price has been pretty much flat to down over the last year when the market has been up. The…
8 Jun 2021 2AM 1 min

Libstar

Sentio Capital's Imtiaz Suliman chose Libstar as his stock pick of the day. "If you look at Libstar's underlying business, they are quite an innovative company. They produce some of the private label brands for the likes of the Woolies and the Shoprites, Spar and Pick n Pay and that…
7 Jun 2021 2AM 1 min

Salesforce

Caroline Cremen from Adviceworx chose Salesforce as her stock pick of the day. "It's actually a very good day to buy if you're all at your trading systems, it's a company by the name of Salesforce. It's an enterprise software that provides businesses of cloud solutions, I think I've chatted…
3 Jun 2021 2AM 1 min

Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "I'm going with Investec Property Fund, given where our interest is at and where the rand is also at. Investec Property Fund has a very defensive SA retail portfolio and we think this is one…
2 Jun 2021 2AM 1 min

Multichoice

Makwe Masilela from Makwe Fund Managers chose Multichoise as his stock pick of the day. "I think I'll go for Multichoice, the fact that we see a stronger rand tells you that whatever content that they're getting overseas, should be cheaper for them."
1 Jun 2021 2AM 1 min

Naspers

Nesan Nair from Sasfin Securities chose Naspers as his stock pick of the day. "I'm going for Naspers, I think the share has been heavily sold off, I think post this corporate action you can expect to see a big recovery in that share price, so it's one to watch."
31 May 2021 2AM 1 min

Intel

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Intel as his stock pick of the day. "Intel is in a very competitive semiconductor space I think there's a lot of good stocks in that space that you can buy but Intel is very pc dominated and about half their…
27 May 2021 2AM 1 min

Medtronic

Rob Towell from Sasfin Securities chose Medtronic as his stock pick of the day. "I'm picking Medtronic, it's had a really good recovery since Covid started to end in the United States and you've seen elective surgery make a come back."
26 May 2021 2AM 1 min

Fedex

Steven Schultz from Momentum chose Fedex as his stock pick of the day. "My stock pick is Fedex, it's a well known household brand, increasingly so post Covid and they are one of the largest global logistics companies. It has had a very difficult time since 2016 through to early…
24 May 2021 2AM 1 min

Naspers

Nesan Nair from Sasfin Securities chose Naspers as his stock pick of the day. "I'm going to go with Naspers, it is sitting below 3 000 today and remember this was all the way up to 3800. Although I don't think there's much of a social benefit to this deal…
19 May 2021 2AM 1 min

Distell

Makwe Masilela from Makwe Fund Managers chose Distell as his stock pick of the day. "For Heineken them to buy Distell it means that they've seen something. If you look at Distell's PE at almost 50, yes it's high but compare that to the beverages index which is at a…
18 May 2021 2AM 1 min

Impala Platinum

Graeme Franck from PSG Wealth Sandton Grayston chose Impala Platinum as his stock pick of the day. "I'm going to go for Impala Platinum, the share price has come off quite a bit over the last week or so. If I look at their last earnings; so the historic earnings…
17 May 2021 2AM 1 min

Andile Buthelezi from Sentio Capital chose BHP

Andile Buthelezi from Sentio Capital chose BHP as his stock pick of the day. "I'm going to go for BHP today, it's one that we have chosen before and it has done nicely since then but it's still looking quite cheap."
13 May 2021 2AM 1 min

South32

Rob Towell from Sasfin Securities chose South32 as his stock pick of the day. "We're still looking at South32, I think that if we do have a bit of a pullback on commodities it will allow you a better entry to South32."
12 May 2021 2AM 1 min

ING Group

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose ING Group as his stock pick of the day. "I'm going for ING Group the financial services group headquartered in Amsterdam, most of their focus is around Europe and the Benelux countries where it's situated but it is operating in 40…
11 May 2021 2AM 1 min

JD.com

Caroline Cremen from Adviceworx chose JD.COM as her stock pick of the day. "JD.com for those people who don't know is the Chinese version of Amazon and while the Chinese economy has rebounded the stock has still been part of the reason for the government's interference in the financial services…
10 May 2021 2AM 1 min

Stock pick — RMH

Steven Schultz from Momentum chose RMH as his stock pick of the day. ​ "My stock pick this evening is RMH properties, it is a counter that this week took quite a significant dive in price, following a special dividend yesterday of 80 cents. It is a REIT but but…
6 May 2021 2AM 1 min
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