The Money Show | Recent Market Trends

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Siboniso Nxumalo was on the 702 Money Show discussing the resources’ recent bounce back, after being under immense pressure this year, especially when looking at the platinum group metals. He also shared his views on the Italtile results, which came out weak. They reported a profit decline of 15%.

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Chapters
  • 00:00 Why are resources shares rallying on the JSE today?
  • 00:27 Siboniso Nxumalo unpacks the rally in resources shares and the demand from China
  • 01:17 The three problems impacting China's economy
  • 02:02 What China's government is doing to stimulate their economy
  • 02:37 Discussing results from Italtile and their similar commentary to ADvTECH
29 Aug 2023 English South Africa Business

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