MARKET SNAPSHOT - 24 NOVEMBER 2017
CURRENT MARKET DRIVERS: The upside momentum for US risk assets remains tightly correlated with the narrative surrounding tax reform as each titbit of news related to the progress of the tax bill creates an immediate reaction from US equities. For the moment, investors retain a high level of conviction with regard to the potential passage of a tax bill in the weeks ahead with overall market sentiment also finding support from the notion that the FOMC will not deviate from its perceived rate adjustment trajectory. While a rate hike is anticipated for December, the generally softer tonality on the inflation front (with the exception of recent PPI data) has allowed yields to edge gradually lower in the past few weeks. COMMODITIES AND CURRENCIES: The Dollar has weakened in the wake of the slightly dovish interpretation of the FOMC minutes but short term technical evidence still indicates that losses are likely to be muted rather than substantial. The area at around 1.1940 to 1.1960 remai


Current Research
JSE-ALSHInterest rates unchanged amid elevated uncertainty
NOVUS new challengesSell
JSE-ALSHDAILY MARKET CHART PACK: USD/EURO, US 10 YEAR TREASURY YIELDS, NASD-COMP
JSE-ALSHInflation continues on its downward trajectory in October 2017
ADAPTITFY17 resultsBuy
JSE-ALSHDAILY MARKET CHART PACK: MTN, BIDVEST, BARWORLD
JSE-ALSHDAILY MARKET CHART PACK: NASD-100 , HANG-SENG , JSE-RESI
NASPERSNTencent surprises yet againAdd
JSE-ALSHDAILY MARKET CHART PACK: SP500, FT-100, JSE-ALSH
TFGHobnobbing on the High Street....Add
JSE-ALSHDAILY MARKET CHART PACK: MICROSOFT, GOOGLE, AMAZON, FACEBOOK

Stocks 'n Strategy - November Newsletter

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

ANGLO AMERICAN BUY
SASOL HOLD
SOUTH32 BUY
REMGRO ADD
NASPERS ADD
BIDCORP BUY
FAMOUS BRANDS SWITCH
REINET BUY
MEDICLINIC ADD
NETCARE HOLD
ASCENDIS BUY
DATATEC SPEC BUY
CAPITEC FULLY VALUED
FIRSTRAND HOLD
WOOLWORTHS ADD

Click on the image  or attached link to download:

https://msprstrade.momentum.co.za/ckfinder/userfiles/files/Momentum%20Securities%20Newsletter%20November%202017(1).pdf

 


Market Watch
NameRPMove%Move
All Share60,324.025.80.0%
Gold Mining1,460.59.00.6%
Industrial91,712.089.00.1%
Prices are delayed by 15 minutes during market hours.

Major moves up
TRUSTCO78943.5%
MONTAUK488322.1%
NET1UEPS1800019.2%
IMCB22#######13.2%
SPANJRD27510.0%
DENEB2189.0%
VUNANI3206.7%
QUANTUMF3656.1%
IMPLATS45005.9%
CALGRO10795.8%
KAAPAGRI49495.3%
SILVERB2105.0%
AFRO-C6284.7%
WOOLIES57574.2%
EOH84674.2%
Major moves down
EASTPLATS300-13.0%
Gaia700-6.7%
ASCENDIS1501-6.5%
NIVEUS999-6.2%
LONG4LIFE439-5.6%
TRNSHEX218-5.2%
BALWIN500-4.8%
CIL310-4.6%
ANCHOR420-4.6%
TRNPACO2170-4.2%
RENERGEN1150-4.2%
SEPHAKU240-4.0%
Trellidor505-3.8%
EFORA178-3.8%
CLOVER1277-3.8%
Prices are delayed by 15 minutes during market hours.

Spot Prices (24/11/2017 19:14)
ZAR/GBP 18.8157 2.09%
ZAR/USD 14.1444 2.04%
FTSE 7409.64 -0.02%
Gold 1288.10 -0.21%
Nasdaq 6889.16 0.32%
SP500 2602.42 0.21%
Prices are delayed by up to 30 minutes.

JSE News
TimeHeadline
17:50BUILDMAX LIMITED - Posting Of Circular And Notice Of Scheme Meeting
17:45LIBERTY TWO DEGREES - Changes to board committees
17:36EOH HOLDINGS LIMITED - Dealings in Securities by Directors and Associates of Directors
17:12DISTRIBUTION AND WAREHOUSING NETWORK LIMITED - Results of annual general meeting
17:10JSE LIMITED - Index Change Advice 20171129 Unbundling of Sandown Capital from Peregine Holdings
17:05JSE LIMITED - Index Change Advice 20171129 Reinet Investments Conversion of Depositary Receipts
17:00EMIRA PROPERTY FUND LIMITED - Report on proceedings at the annual general meeting
17:00INTU PROPERTIES PLC - Major Shareholding Notifications
17:00ELB GROUP LIMITED - Change to the Board of Directors
17:00JSE LIMITED - Gen - TransCapital Investments Limited - Publication of the ZAR 2,000,000,000.00 Note Programme