Daily Market Blog: Consumers saved in the nick of time!

21-NOV-14

"Locally yesterday the equities market after the rates announcement and commitment seemingly to rates lower for a while saw the currency strengthen, and that is normally not the best for the local market. Good news for consumers though, at least the pressures are starting to ease. The local market ended the day off 1.75 percent, yowsers, resource stocks down three and a quarter percent."






To market, to market to buy a fat pig. Holy smokes, on the companies front locally that was one of the busiest days that I had seen in a while, at least from a majors point of view. Smaller businesses obliged to report their numbers inside of three months after their reporting period sometimes all come at the same times, within the last few days, this however was different. Trading updates, company results, Byron was on the telly later in the day, on closing bell and processing all the information was quite a mean feat. It is tricky to try and have an opinion on everything, that is the nature of our job however, to try and find out as much as we can on all these listed businesses.

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Stocks which we currently recommend

Amazon.com is the world's leading online retailer.

Apple is global leader in tablet and smartphone technology.

Aspen is a rising global star in generic pharmaceuticals.

BHP Billiton is the world's largest industrial commodity mining company.

Bidvest is a diversified services company, which may re-organise its portfolio.

Cerner provides IT solutions in the healthcare industry.

City Lodge is a growing mid-priced hotel group in urban areas of SA.

Discovery is a healthcare services administrator and life insurer.

Famous Brands is SA's largest quick-service restaurant group.

General Electric is a diversified investment holding company.

Google is the world's biggest search engine and online advertising platform.

Johnson & Johnson is the largest consumer healthcare and pharma company.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

Luxottica is the world's largest branded sunglass maker and retailer.

MTN Group is an emerging markets mobile telecoms giant.

Massmart is a big-box discount retailer in Africa, now 51% owned by Wal-Mart.

Mediclinic owns hospitals in SA, the UAE and Switzerland.

Naspers is an in emerging markets company focussed on digital TV & Internet.

Nike is a global designer and retailer of sporting equipment.

Omnia is a fertiliser and explosives producer.

Richemont is a luxury brands company expanding in Asia.

Sasol is a global player in chemicals and fuels technology.

Starbucks is a roaster, marketer and retailer of coffee.

Stryker makes hip and knee joint replacements and hospital beds.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Visa is a global payments technology company.

Woolworths is SA's leading organic food retailer & clothing business.

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