Stock Watch
WATCH: Stock picks — oil and BAT
Gary Booysen from RandSwiss and Ricus Reeders from PSG Wealth talk to Business Day TV
31 March 2020 - 12:32
Gary Booysen from RandSwiss chose oil as his stock pick of the day and Ricus Reeders from PSG Wealth chose British American Tobacco (BAT).
Booysen said: “The reason the oil price is getting so crunched at the moment is [because] Saudi Arabia and Russia are having a spat and their supply is still not coming on stream aggressively but at the same time they are running out of storage.”..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.