Picture: 123RF/PHONGPHAN
Picture: 123RF/PHONGPHAN

Mark du Toit from Oyster Catcher Investments chose gold spot indicator as his stock pick of the day and Nesan Nair from Sasfin Securities chose FirstRand,

Du Toit said: “I’m picking gold this evening and not because the markets are necessarily down today but I think what we are going to see is a lot of stimulus coming through after coronavirus settles.”

Nair said: “I’m going for a fixed-income instrument, FirstRand prefs [preference shares]. They were trading at close R85-R86 not so long ago, they have come back to the mid-R70s now.”

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