Market Watcher: Dollar weakness drives rand higher

This evening, we dive into market movements with Sasfin Wealth, we speak to Growthpoint and Old Mutual executives about their latest results, we discuss the possibility of a merger between African Bank and Postbank to create a new state bank with Denker Capital, Allan Gray discusses the importance of waiting…

Sasfin,s David Shapiro runs us through the day's market moves as gold and platinum stocks climb higher and higher, the Anglo/Teck deal, a stronger rand, the market pricing in interest rate cuts, global inflation, and Larry Elison overtaking Elon Musk as the richest man in the world.

Varshan Maharaj – Portfolio Manager, Allan Gray

Kokkie Kooyman – Executive Director, Denker Capital

Norbert Sasse – Outgoing Group CEO, Growthpoint Properties