MARKET SNAPSHOT - 25 SEPTEMBER 2018
CURRENT MARKET DRIVERS: While US yields are undoubtedly edging higher this is as yet insufficient to decisively impact investor sentiment with overall macroeconomic performance remaining sufficiently resilient to support funds flow into US equity markets. The lack of progress on the China leg of Trump's trade war is gradually being recognised as a potentially meaningful impediment to further trend upside as inflation fears are stoked with a potential slow down in global trade lingering in the background. Investors remain committed to risk assets but in reality there is a degree of complacency present wrt the threat posed by potentially negative trade outcomes. COMMODITIES AND CURRENCIES: The Rand briefly traded down towards our technical target area before sharply reversing direction on an intraday basis. The loss of traction has materialized at a point where very short-term technical indicators on the Rand were much overbought. The punch to the upside in the Rand has thus been hal


Current Research
JSE-ALSHInterest rates steady at 6,5% but the balance of the sentiment is shifting towards tighter monetary policy
PHOENIX-Ppreference share offer as BEE private equity vehicle gets readySell
JSE-ALSHEconomies at a glance
JSE-ALSHSeptember Newsletter
IMPERIALbalance sheets strong enough?Hold
STANBANKplaying Mr Nice Guy with NigeriaHold
MTNrole reversal: MTN defends vigorously this timeSpecBuy
BILLITONrock solidAdd
NASPERSN"There are limits to how much you can play games .... " Add
STANBANKfiercely to defend against disruptorsHold
JSE-ALSHDAILY MARKET CHART PACK: PSG

Stocks n Strategy - September Newsletter

This month's newsletter includes comment on the following companies:

BILLITON

ADD

IMPERIAL

HOLD

MTN

SPEC BUY

NASPERS

ADD

STANDARD BANK

HOLD

RCL FOODS

BUY

Click on the icon   or the link below to download:

https://msprstrade.momentum.co.za/ckfinder/userfiles/files/Momentum Securities Newsletter September 2018.pdf


Market Watch
NameRPMove%Move
All Share56,940.8-223.5-0.4%
Gold Mining1,063.827.52.7%
Industrial77,135.9-986.1-1.3%
Prices are delayed by 15 minutes during market hours.

Major moves up
RANGOLD16421.5%
VUNANI24918.6%
DRDGOLD31217.3%
GROUP-511513.9%
NET1UEPS115009.5%
STEFSTOCK3009.1%
ONELOGIX3908.3%
DELTA1208.1%
ARCMITTAL3407.6%
ASSORE370887.4%
EOH36537.2%
BOWCALF9495.4%
GFIELDS36915.0%
LONMIN8794.6%
ALEXANDER5074.5%
Major moves down
MCZ365-18.9%
GRANPRADE228-15.6%
EASTPLATS180-10.0%
Trellidor425-9.6%
GEMFIELDS190-9.5%
STADIO423-8.0%
MUSTEK740-6.9%
TRUSTCO951-6.7%
KAAPAGRI3735-6.6%
TEX525-6.3%
Liberty2D750-6.3%
NUWORLD3850-6.1%
CONDUIT170-5.6%
WORKFORCE115-4.2%
ARROW-A537-4.1%
Prices are delayed by 15 minutes during market hours.

Spot Prices (25/09/2018 16:21)
ZAR/GBP 18.9621 0.67%
ZAR/USD 14.3881 0.17%
FTSE 7499.75 0.55%
Gold 1202.81 0.34%
Nasdaq 7994.11 0.01%
SP500 2920.18 0.03%
Prices are delayed by up to 30 minutes.

JSE News
TimeHeadline
16:30TRUSTCO GROUP HOLDINGS LIMITED - Final Issue of Shares in Terms of the Specific Issue of Shares for Cash to Riskowitz Value Fund
16:18REDEFINE PROPERTIES LIMITED - Full Capital Redemption: RDFC41 and Interest Payments: RDFB07, RDFB08 and RDFC44
16:15NEDBANK GROUP LIMITED - Interest payment notifications - NGLT1A NGL05
16:15REDEFINE PROPERTIES LIMITED - Interest Rate Reset: RDFB06
16:01INVICTA HOLDINGS LIMITED - Resignation Of Director
16:00CORONATION FUND MANAGERS LIMITED - Dealings In Shares By A Director
15:47TRENCOR LIMITED - Disclosure of acquisition of Trencor shares
15:30IVUZI INVESTMENTS LIMITED - IVA873 - Listing of New Financial Instrument
15:08MASTER PLASTICS LIMITED - Disposal of Property
15:06ASHBURTON MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of additional Ashburton Global 1200 Equity ETF Securities - ASHGEQ