Market Wrap

Stock pick — Vukile Property Fund

Nesi Chetty from Stanlib chose Vukile Property Fund as his stock pick of the day. "My stock is one that has lagged the general market in property recovery, it's a company called Vukile Property Fund. We've been very impressed with the defensive nature of the assets within Vukile."

5 May 2021 2AM 1 min

Stock pick — Clicks

Makwe Masilela from Makwe Fund Managers chose Clicks as his stock pick of the day. "Stock pick is Clicks and for the fact that they've got over 760 stores, over 600 pharmacies. They are looking to open up 40 more stores and 30 more pharmacies and they expect their full…

4 May 2021 2AM 1 min

Stock pick — MTN

Viv Govender from Rand Swiss Offshore chose MTN as his stock pick of the day. "My pick is actually something very interesting, even though it was down today it's MTN. I do think that this is one of those few companies out there that managed to actually crack the nut…

3 May 2021 2AM 1 min

South32

Rob Towell from Sasfin Securities chose South32 as his stock pick of the day. "We still like South32 if you take a look at where they are in the commodity cycle."

29 Apr 2021 2AM 1 min

Stock pick — British American Tobacco

Graeme Franck from PSG Wealth Sandton Grayston chose British American Tobacco as his stock pick of the day. "In terms of my my stock pick I do like British American Tobacco for the simple reason that it was hit hard recently on the back of the US and this whole…

28 Apr 2021 2AM 1 min

Stock pick — Netcare

Sentio Capital's Imtiaz Suliman chose Netcare as his stock pick of the day. "I''m going with Netcare and again this is another one that will benefit from the reopening of the South African economy."

26 Apr 2021 1AM 1 min

Stock pick — Richemont

Viv Govender from Rand Swiss chose Richemont as his stock pick of the day. "I'm going for Richmond, you know even before the coronavirus was around I had thought that you might see a bit of a speed change in terms of luxury consumer demand but it hasn't really changed…

21 Apr 2021 2AM 1 min

Stock pick — Investec

Steven Schultz from Momentum chose Investec as his stock pick of the day. "My stock pick this evening is not necessarily the most loved sector being financial services and banking in particular. I do believe that Investec is a well poised for a recovery in the sector. It's still some…

20 Apr 2021 2AM 1 min

Stock pick — Johnson & Johnson

Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day. "I'm going to pick a dividend aristocrat; Johnson & Johnson. N ow it is in the news mainly because of the vaccine rollout but, you one understand that's only a very small amount of cases,…

19 Apr 2021 2AM 1 min

Stock pick — Alibaba

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Alibaba as his stock pick of the day. "I've been looking at Alibaba it is one of the stocks in our global equity portfolio, we've been looking to increase that holding of late, just largely on the back of the valuation…

15 Apr 2021 2AM 1 min

Stock pick — Softbank

Steven Schultz from Momentum chose Softbank as his stock pick of the day. "My stock pick this evening is an offshore stock it's the Japanese Softbank, it's a Japanese multinational that effectively trades in Tokyo. It's a holding company with interest in technology, energy and finance and it has a…

14 Apr 2021 2AM 1 min

Stock pick — Old Mutual

Imtiaz Suliman from Sentio Capital chose Old Mutual as his stock pick of the day. "I'm going with Old Mutual is a quite a large company and they were impacted quite significantly from the hard lockdowns but, subsequently we've seen a rebound in consumer activity - the reopening of the…

13 Apr 2021 2AM 1 min

Why emerging markets lost their appeal in March

Data from the International Institute of Finance shows that foreign net flows to emerging market equity and debt portfolios slowed in March to their weakest in almost a year. Business Day TV's Alishia Seckam caught up with RMB’s Varushka Singh to discuss the factors that contributed to the slowdown.

13 Apr 2021 2AM 3 min

Stock pick — AB InBev

Nick Kunze from Sanlam Private Wealth chose AB InBev as his stock pick of the day. "We like AB InBev at the moment, if you've seen the pictures of the Brits being back at the pubs today, and they are back in the beer gardens, even though they're sitting in…

12 Apr 2021 2AM 1 min

Alibaba and LVMH

Martin Smith from Anchor Capital chose Alibaba as his stock pick of the day and David Shapiro from Sasfin Securities is looking at Luxury stocks like LVMH. Smith said: "I've gone back and forward a little bit on this one but I think I'm going to say Alibaba. They are…

9 Apr 2021 2AM 1 min

Stock pick — Coronation Fund Managers

Nesan Nair from Sasfin Securities chose Coronation as his stock pick of the day. "I'm going with Coronation, trying to buy some of these financials that have been pulled back a little bit. Hopefully we'll know whether it's the right call in the next few weeks"

8 Apr 2021 2AM 1 min

Stock pick — Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "We like Investec Property Fund. It's one where the local portfolio is very defensive. If you look at rental collections in the pandemic it's been 94% in Europe and probably closer to 99% in SA…

7 Apr 2021 2AM 1 min

Stock pick — Rio Tinto

Graeme Franck from PSG Wealth Sandton Grayston chose Rio Tinto as his stock pick of the day. "I'm going to go offshore, we just recently added Rio Tinto to our list offshore and the market is telling you that iron ore prices have run a little too hard. I know…

6 Apr 2021 2AM 1 min

Stock pick — PPC

Makwe Masilela from Makwe Fund Managers chose PPC as his stock pick of the day. "Stock pick right now is PPC, we think they're getting things right and they're managing to get things structured. Yes their debt is sitting at R5.2 billion but they are working on reducing that and…

30 Mar 2021 2AM 1 min

Stock pick — Barloworld

Viv Govender from Rand Swiss chose Barloworld as his stock pick of the day

29 Mar 2021 2AM 1 min