Market Watcher: Rates and reasonings

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