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Podcast: WorldWide Markets with Simon Brown
Episode: Buy the rumour, sell the fact (#413)
Description: Simon Shares Day 146 of lockdown and Covid-19, new cases definitely on the decline and hence we're now in level 2. S&P500 closed Tuesday at all-time highs. Sasol (JSE code: SOL) after liking the update the market does not like the results. Truworths (JSE code: TRU) has now written down GBP231million of the GBP256million they paid for Office in 2015. Afrimat (JSE code: AFT) buys Coza iron ore for R300m. Tigerbrands (JSE code: TBS) sells value-added meat products business. PSG shareholders holding the share at the close on Tuesday will receive 14 Capitec* (JSE code: CPI) shares for...