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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.
March 30, 2021Stock pick — PPCMakwe 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 they're return on equity at 7.8% is not looking bad"...more1minPlay
March 29, 2021Stock pick — BarloworldViv Govender from Rand Swiss chose Barloworld as his stock pick of the day...more1minPlay
March 26, 2021Stock picks — Meituan and cashDavid Shapiro from Sasfin Securities chose Meituan as his stock pick of the day and Makwe Masilela from Makwe Fund Managers chose cash.Shapiro said: "I picked up Meituan which is a very big food delivery company and service delivery company in China and I was going through their results looking at their numbers, I mean they have 560 million people who order, they operate in 2 Chinese cities, delivering food, doing bookings and helping lifestyle etc. I think you can't ignore the sheer size of china the size of the economy and the size of the consumers there."Masilela said: "If government is really serious when it comes to infrastructure spend then yes, I'll definitely look at our construction companies and PPC's not looking too bad either but truth be told I'm better off with cash"...more2minPlay
March 25, 2021Stock pick — South32Rob Towell from Sasfin Securities chose South32 as his stock pick of the day."The big miners have come off quite a bit and South32 has come off there as well. It's down about 12.5% the last two weeks and we really like South32 and the mix of metals that it has."...more1minPlay
March 24, 2021Stock pick — AlibabaSteven Schultz' from Momentum chose Alibaba as his stock pick of the day."I'm going for Alibaba, it's down at a whopping 29 since its October highs. It's undeniably one of the highest quality hyper growth blue chips that one can purchase globally."...more2minPlay
March 23, 2021Stock pick — GivaudanCaroline Cremen from Adviceworx chose Givaudan as her stock pick of the day."My stock pick tonight is a blue chip company listed in Switzerland it's got consistent and increasing dividends and it does something that we take for granted, it produces fragrances and flavours and the market size of that industry is about 26 billion. So, when you eat something or you smell something you might actually be tasting or smelling a product from Givaudan."...more2minPlay
March 19, 2021Stock pick — cash and City LodgeIndependent analyst Chris Gilmour chose City Lodge as his stock pick of the day and Nesan Nair from Sasfin Securities chose Cash.Gilmour said: "I'm going to go with a real plant areal far left field one City Lodge. This thing was priced for failure up until fairly recently and uh you know I think the tourists are starting to come back."Nair said: "What I'm going to do is I'm going to go with a very sort of short-term tactical play. I think we're going to see a mild correction in markets so I'm going to sit in cash for a while. I do think that we're going to see a little bit of pressure come on there sources stocks next week."...more3minPlay
March 17, 2021Stock pick — CoronationNesan Nair from Sasfin Securities chose Coronation as his stock pick of the day."I'm going to go with the Coronation Fund Managers, this is one of those great shares that for a long time has has fallen back, largely because of non-performance of the stock market. But, we've had great performance at the stock market this year and the share price seems to have lagged a little bit, so that's the one I'm going to be looking out for."...more1minPlay
March 16, 2021Stock pick — NaspersGraeme Franck from PSG Wealth Sandton Grayston chose Naspers as his stock pick of the day."I'm just going to go with Naspers for the simple reason that TenCent has come down with 17% since it's February high on the back of possibly more Chinese regulations and that's always been a risk for uh for for TenCent and Naspers. TenCent is reporting on the 24th of March and we should get more information there in terms of what the Chinese regulator is going to do, but again, any share like that, that has fallen 17 percent literally in two to three weeks is worth taking another another good look at."...more1minPlay
March 11, 2021Stock pick — GlencoreNick Kunze from Sanlam Private Wealth chose Glencore as his stock pick of the day."It's again with an inflation of theme Alishia, I'm going for Glencore. We've seen a big shortage supposedly this year for the likes of copper. A lot of the sort of precious metals and industrial metals are running at a bit of a deficit. Glencore is one of the dominant players in that space"...more1minPlay
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.