Positive Manufacturing Output is giving us hope that the economy is showing a glimmer of hope. On the back of this and a weaker Rand, industrial stocks caught a bid, helping our market to close just over 1% higher on Friday. Aveng was up another 18% to close the week 40% higher and Stellar Capital closed up 9% after the deal announcement. The JSE reported diluted HEPS up 19% year on year, but the share closed 1% lower. Harmony Gold also fell after releasing a trading statements saying HEPS would be over 200% higher.

Anthea Gardner – The Money Shot 15.08.16

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