So Volatile it Hertz

  Market Scorecard It was a very strong day for global markets yesterday. Part of the tailwind, particularly for US stocks, was an upbeat US retail sales read. The market was expecting a record 8% rebound in retail sales. It turns out that the market was being far too cautious in its forecast; the official … Continue reading So Volatile it Hertz

Sure to Disrupt

  Market Scorecard Gold and Platinum mining stocks were on fire yesterday. Implats was considered the laggard because its stock was only up 4.5%. Goldfields and Sibanye Stillwater were up 10%, and Northam was up 8%. All those gains meant that even with Naspers being in the red, the JSE All-share closed in the green. … Continue reading Sure to Disrupt

Fortnike

  Market Scorecard As the number of companies shunning Huawei increases, so does the concern that Washington and Beijing drift further apart on reaching a deal. Chinese markets are red this morning, with Naspers owned Tencent down around 3%. A few weeks ago Naspers was above R3 700 a share, it will be below R3 … Continue reading Fortnike