WATCH: Stock picks — Global market recovery and Prosus
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
08 October 2020 - 11:19
byBusiness Day TV
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Shapiro said: “I would back the blue wave, I think that we’re going to see strong markets after the election for whatever reason. It’s hard to call it but I think that there will be stimulus packages as well, so I’m backing global markets picking up.”
McCurrie said: “I’m going for Prosus, when you look at Prosus and you take out the value of Tencent, about 50% of the rest of the valuation of the shares are actually classified and classified listings are going up hand over first right now.”
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Stock Watch
WATCH: Stock picks — Global market recovery and Prosus
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
David Shapiro from Sasfin Securities chose to back a global market recovery and Wayne McCurrie from FNB Wealth & Investments chose Prosus as his stock pick of the day.
Shapiro said: “I would back the blue wave, I think that we’re going to see strong markets after the election for whatever reason. It’s hard to call it but I think that there will be stimulus packages as well, so I’m backing global markets picking up.”
McCurrie said: “I’m going for Prosus, when you look at Prosus and you take out the value of Tencent, about 50% of the rest of the valuation of the shares are actually classified and classified listings are going up hand over first right now.”
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
Boost for Asian markets as Donald Trump ends stimulus talks
World markets near a two-week high as Trump leaves hospital
Covid-19 is making it hard time to gauge deal valuations, says Prosus
Prosus puts focus on education technology investment
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.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.