Market Watcher: Don’t invest for vibes

Loading player...
Chantal Marx of FNB Wealth and Investments discusses the rand’s recent resilience and ratings updates from S&P and Moody’s, and whether it could strengthen below R16/$. She also looks at the rise in industrial stocks, led by Naspers and Prosus, the US market’s AI-driven rally, and warns against investing in AI-themed stocks without proper due diligence.
2 Jun 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] Business fixes JHB, Bitcoin declared asset, Islamic economic partnership

This evening, we assess market movements with an independent financial analyst, unpack the High Court precedent recognising bitcoin as money and capital with Werksmans Attorneys, examine how capital movement is taking centre stage at the Islamic economic summit with the Council for Islamic Banks and Financial Institutions, discuss how Standard…
4 Jun 1PM 52 min

Markets: The rand is standing its ground

Independent financial analyst Terence Hove unpacks the rand’s performance as it breaks through R16.30. He discusses fuel and interest rate hikes, and the impact of positive ratings developments and fiscal consolidation, which have helped the rand hold its ground against other currencies. He also looks at how the volatile US-Iran…
4 Jun 1PM 9 min