Gerbrand Smit from N-e-F-G Fund Managers chose Remgro as his stock pick of the day and Siboniso Nxumalo from from Old Mutual Investments chose Sasol.

Smit said: "I'm going SA inc. and choosing Remgro, if you look at them at the end of June their net asset value as a holding company was R154 a share. Most of those assets has been in an upward phase and the prices are worth more now."

Nxumalo said: "My stock is Sasol, we think that the supply side of oil is coming under pressure. If you look at what really disrupted oil, it's Shell in America, the banks are no longer funding Shell and a lot of those wells have had to be shut down. And so therefore we've now seen OPEC+ which is in Saudi Arabia and Russia shut down and cut supply and we've seen the price react. Commodities are all about supply and if the supply is constrained and demand is going to increase, because we're going to travel more etc, I think that bodes well for Sasol."