WATCH: Stock pick — JSE banking index
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV
David Shapiro from Sasfin Securities has no stock pick this week but Wayne McCurrie from FNB Wealth & Investments chose the JSE banking index.
Shapiro said: “I look every day and I look for something that looks very attractive ... I’m still attracted to the US market, but we need to get through a few obstacles first.”
McCurrie said: “I’m ... [going] for a basket of SA stocks ... The banks have recovered from what we saw a couple of months ago they’ve come up nicely.”
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