5 ordspråk av Greg Potter
Greg Potter
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A lot of people are taking some money off the table, especially on the best-performing sectors, and the banks have been one of the biggest performers.
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You've seen continued good performance on commodities' prices and the fact that the rand didn't break through the 6.0 (against the dollar) level is giving the market a bit of support on the resource stocks.
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The telecoms and construction sectors are likely to be up because that's where the money is going after the government said it wants to up its investment in these sectors.
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We're still seeing some good volumes in selected shares and there's definitely a big contingent of foreign buying in our market.
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It's a very good performance today, especially considering the first quarter was up 13%, although the volumes today are disappointing, they're pretty light.
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