SA’s benchmark index dropped 0.4% as of 2.49pm in Johannesburg on Monday, trimming its advance this year to 11%.
Here are some of UBS’s preferred South African stocks in the lead up to the election, detailed in an April 16 report co-authored by Pillay: Insurers: Discovery, Old Mutual and Sanlam. To benefit from the “lower-yield environment, improved consumer sentiment and strong market performance” Retail sector: Pick n Pay, Shoprite, Truworths, Mr Price, Clicks and TFG to benefit from improved consumer sentiment and growth prospects; sector has de-rated and is looking attractive relative to history. “Strong rand should help lower input inflation and support margins”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SA should build on gains registered by ANC: Mbalula - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Silence is Golden whats mbalulas sexual orientation? i mean whats w the tyler madea perry look?
Source: SABC News Online - 🏆 32. / 51 Read more »
F State ANC denies it's captured by Magashule - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%The African National Congress (ANC) in the Free State has denied claims that it's been captured by party's secretary general, Ace Magashule. Magashule, a former Free State premier has served as the ANC provincial chairperson for more than 20 years.% Sabc is captured!!! Free State capture is going to come out later and will fracture the ANC further. Can this guy be gone or arrested & persecuted already
Source: SABC News Online - 🏆 32. / 51 Read more »