Ashraf Mohamed from Arqaam Capital chose Standard Bank Group Ltd as his stock pick of the day.

"It's a short term view - of the banks that I observed they are the ones who suffered the most revenue pressure at CID level. They have lost a bit of market share in the loan growth relative to the other banks and on its current rating I think it's expensive. If I had to do a long/short trade it would long FirstRand, short Standard Bank. "

Wayne McCurrie from FNB Wealth & Investments chose Multichoice Group Ltd as his stock pick of the day.

"I fully understand that there is still a big share overhang and I am not for a moment saying - go out and buy all the shares that you want to buy tomorrow. The share price could easily go below R90 per share again and maybe even lower. But, longer term the share is actually quite cheap. Even if you can't get more for your DStv premium, even if they keep discounting the subscription that they charge. They have good growth areas with great investments in Africa"