MARKET SNAPSHOT - 21 JULY 2017
CURRENT MARKET DRIVERS: The US earnings season continues to drive the performance of equities against a backdrop of lowered yield expectations for the world's largest economy as the Fed looks set to remain on hold on rates in the weeks ahead. The political environment continues to diffuse with the potential for further upheaval in the weeks ahead. COMMODITIES AND CURRENCIES: Yesterday's comments by the ECB president in the Q+A session placed the greenback under further pressure as the US unit traded at a two-year low. The weaker Dollar continues to support commodities, yet on a relative basis they have actually underperformed in recent sessions. Yesterday's surprise cut by the SARB reversed short term indicators on the Rand but, in an environment where the greenback remains under pressure on global markets, there is insufficient evidence to conclude that decisive weakness for the Rand will emerge as a result of the lower yield differential. At present our target of R12.82 is likely


Current Research
WOOLIESGrowth in line with expectationsAdd
JSE-ALSHDAILY MARKET CHART PACK: JSE-INDI, JSE-FINI
JSE-ALSHSA rates cut sooner than anticipated
TRANSCAPanalytics powerhouseBuy
OLDMUTUAL call updateHold
JSE-ALSHDAILY MARKET CHART PACK: BRENT, COPPER, ALUMIN
VODACOMeating someone's cakeAdd
JSE-ALSHJune 2017 headline inflation drops to 5.1% in line with expectations
JSE-ALSHDAILY MARKET CHART PACK: USD INDEX, JSE-ALSH, R-USD
CURROinterim trading statementHold
ANGLOPLATinterims trading update

Stocks 'n Strategy - July Newsletter

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

WESCOAL ADD
PALLINGHURST RESOURCES SPEC BUY
LONMIN SPEC BUY
PPC HOLD
GROUP FIVE HOLD
MPACT BUY
IMPERIAL SWITCH
SUPER GROUP HOLD
AB INBEV BUY
STEINHOFF INTL.HOLDING ADD
BRIT.AMER.TOBACCO BUY
KAAP AGRI HOLD
MR PRICE GROUP BUY
THE FOSCHINI GROUP SWITCH
MASSMART ADD
WOOLWORTHS HDG. ADD
MEDICLINIC INTL. SPEC BUY
MTN GROUP ADD
BARCLAYS AFRICA GROUP ADD
INVICTA ADD
ITALTILE SPEC BUY
RENERGEN LIMITED ADD
GLENCORE SPEC BUY


Click on the image  or attached link to download:

https://msprstrade.momentum.co.za/ckfinder/userfiles/files/MSPRS Newsletter July 2017.pdf


Market Watch
NameRPMove%Move
All Share54,162.7-124.6-0.2%
Gold Mining1,230.42.00.2%
Industrial82,101.2135.20.2%
Prices are delayed by 15 minutes during market hours.

Major moves up
RESGEN190106.5%
MONTAUK309918.8%
ANSYS11610.5%
PFF4009.6%
TAWANA2458.9%
SILVERB2498.3%
STOR-AGE12655.8%
VODACOM180504.2%
ISA1593.9%
STEFSTOCK3013.8%
GRANPRADE2853.6%
ANCHOR5593.5%
ACSION7202.9%
PSG261502.6%
GRINDROD12202.5%
Major moves down
EFFICIENT330-12.0%
TORRE140-6.7%
CONDUIT215-5.7%
INDEQTY850-5.6%
RENERGEN950-5.0%
TRADEH1752-3.7%
ARCMITTAL491-3.7%
INSIMBI106-3.6%
DRDGOLD403-3.6%
REBOSISA2500-3.6%
SASOL36789-3.2%
ASSORE19851-3.2%
SOUTH322815-2.9%
CAPCO5094-2.9%
BIDCORP30725-2.7%
Prices are delayed by 15 minutes during market hours.

Spot Prices (21/07/2017 19:00)
ZAR/GBP 16.7494 -0.81%
ZAR/USD 12.9043 -1.03%
FTSE 7452.91 0.03%
Gold 1254.91 0.82%
Nasdaq 6387.75 -0.04%
SP500 2472.54 -0.04%
Prices are delayed by up to 30 minutes.

JSE News
TimeHeadline
17:40JSE LIMITED - GEN-General - LPBCP7 - Absa Capital - Final expiry price of Long Equity Investment Plan Security (LEIP)
17:30ACCELERATE PROPERTY FUND LIMITED - Results of Annual General Meeting
17:05BNP PARIBAS ISSUANCE B.V. - Payment On The Exercise Of Warrants
16:36TEXTON PROPERTY FUND LIMITED - Proposed Internalisation of The Management of Texton
16:35VUKILE PROPERTY FUND LIMITED - Notification in terms of section 45(5) of the Companies Act 71 of 2008
16:02SOVEREIGN FOOD INVESTMENTS LIMITED - Posting of integrated annual report, notice of annual general meeting and no change statement
16:00NASPERS LIMITED - Directors Dealings
15:46VALUE GROUP LIMITED - Results of General Meeting relating to proposed amendment of Value Groups 2010 B-BBEE transaction
15:45VALUE GROUP LIMITED - Results of annual general meeting
15:41TRANS HEX GROUP LIMITED - Change to the designation of a director