Market Watcher: ‘We need to take what we can get’

Loading player...
Chantal Marx of FNB Wealth and Investment unpacks how markets remained positive today despite US government messaging around the Strait of Hormuz, highlights the key winners in today’s company results including Aspen, Vodacom and AB InBev, and explains that the rand has not lost ground against other currencies compared to last year, with recent movements largely driven by the oil price.
5 May 1PM English South Africa Business · News

Other recent episodes

Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…
14 May 1PM 8 min