WATCH: Stock pick — dollar

Nesan Nair from Sasfin Securities chose the dollar as his stock pick of the day.

“Notwithstanding the sort of reprieve that we’ve had in the past few days, I think the market is going to get stronger throughout the Christmas period and I think the rand is going to be one of the beneficiaries of that, even if it’s short-lived. I think we’re going to see it below R15 to the dollar pretty soon.”