Markets: Local equities in the green, but rand faces pressure

Loading player...
Marco Efstathiou of Absa CIB unpacks gains in local equities amid a global tech sell-off, concerns over AI spending and a weaker rand. He discusses Asian market losses, led by technology stocks such as Samsung, and explains why investors are watching earnings from US banking giants. He rounds off with a look at commodity markets, where gold remains a safe-haven asset.
13 Oct 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] EasyEquities dividends, vehicle recalls, and smelter closures

This evening, we round up the latest market movements with Sanlam Private Wealth, examine vehicle recalls with the Automobile Association of South Africa, discuss the Purple Group’s record earnings, explore portfolio rebalancing with 1nvest, look at Ferroglobe’s smelter shutdown with power and energy expert Professor Vally Padayachee, and in our…
12 Nov 12PM 55 min

Market Watcher: Nvidia resignation rattles markets

Nick Kunze of Sanlam Private Wealth unpacks the impact of Nvidia’s CEO resignation, discusses US-China tensions, AI stocks and the gold sell-off ahead of the US Federal Reserve’s interest rate announcement. Kunze further examines market expectations of a 50-basis-point interest rate hike before the end of the year. Nick Kunze…
12 Nov 12PM 8 min