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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, inco... more
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.
November 02, 2020Market Wrap - Stock pick — ReinetWaldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day."My stock pick tonight is Reinet, it is a holding company and has two massive assets being British American Tobacco and then Pension Corp in the UK. Reinet a rand hedge and the rand has run quite hard, I think it may go even further depending on the massive global interest, maybe the dollar will weaken further but for the long run British American Tobacco is rather cheap, Pension Corp is fairly valued and Reinet is trading at a hefty discount as a rand hedge that looks attractive."...more2minPlay
October 29, 2020Market Wrap - Stock pick — cashViv Govender from Rand Swiss Offshore chose Cash as his stock pick of the day."I'm sticking with cash with the election in the US happening next week. According to a report by FiveThirtyEight there is a 5% chance of a vote recount which I think will be very negative for the markets."...more1minPlay
October 28, 2020Market Wrap - Stock pick — cashNick Kunze from Sanlam Private Wealth chose cash as his stock pick of the day."We've got the volatility in America the VIX (Volatility Index) is up almost 18% on the day to almost 40 % and we are less than a week to elections. We have Germany shutting down all the rest and I'll leave you with a saying that "Sometimes there's a time to be long, a time to be short and a time to do nothing" so, that is my stock call I'm afraid. I'm electing to sit on cash until this this noise and all this wild volatility subside."...more1minPlay
October 27, 2020Market Wrap - Stock pick — NetflixImtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day.I'm going for Netflix, they reported their numbers in the US last week and it was slightly short of market expectations but if they had to report two days earlier it would have met market expectations. The overriding trend there is that they have the first movie advantage in terms of the streaming services and they have a massive database in terms of content availability. The big growth area is outside of the US which is providing them with a growth engine to leverage their database of programming in their stable ....more6minPlay
October 26, 2020Market Wrap - Stock pick — ExxaroSteven Schultz from Momentum chose Exxaro as his stock pick of the day."My stock pick this evening is Exxaro and it's for viewers with a little bit more tolerance for potential short-term weakness and at the very least volatility. It's been a beneficiary of elevated iron-ore prices of late which has bolstered earnings."...more1minPlay
October 22, 2020Market Wrap - Stock pick — BHPAndile Buthelezi from Sentio Capital chose BHP as his stock pick of the day."I'm going for BHP, one of the larger diversified miners out there. They mainly have exposure to iron-ore, copper, coal as well as petroleum. Their iron-ore business benefitted from higher iron-ore prices this year. Overall it's a well managed business and a good dividend payer."...more1minPlay
October 21, 2020Market Wrap - Stock pick — cashMarket commentator Nolwandle Mthombeni chose cash as her stock pick of the day."I am sitting on cash at the moment, because I think there will be some more opportunities especially with the stimulus payments coming through and the election should bring some volatility as well, and it'll be perfect time to do some stock picking then."...more1minPlay
October 20, 2020Market Wrap - Stock pick — Fairvest PropertiesMakwe Masilela from Makwe Fund Managers chose Fairvest Properties as his stock pick of the day."I'm going with Fairvest in the property sector, if you look at the retail index it is down over 51% whereas is down only 5%. And more importantly their dividend yield is over 11%. "...more1minPlay
October 19, 2020Market Wrap - Stock pick — RocheGraeme Franck from PSG Wealth Sandton Grayston chose Roche as his stock pick of the day."Today I'm going to go for Roche. They are in the race for a vaccine but more importantly they are also the biggest cancer pharmaceutical company in the world and unfortunately more and more people are getting cancer and Roche has the largest oncology business in the world. They are trading on a PE of around 20 times so they're not cheap but it's a great long-term quality business."...more1minPlay
October 16, 2020Market Wrap - Stock picks — LVMH and EquitesDavid Shapiro from Sasfin Securities chose LVMH as his stock pick of the day and Makwe Masilela from Makwe Fund Managers chose Equites Property Fund.Shapiro said: "I'm LVMH I mean revenge spending, whatever it is... China and Asia is coming back and they're certainly getting out of this lockdown a lot quicker than everybody else. The numbers they produce just show how resilient the luxury market is."Masilela said: "I'll go with equities property fund, they're more into logistics and more into warehouses. They are at strategic nodes next to airports and harbours and even if you check their collection rate you'll see in SA they are at almost 99% and in the UK they collected almost 100% so I think I will put my money in Equites Property Fund."...more3minPlay
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.