Tag: Byron Lotter
Tech stocks have been hitting record highs in recent days, rallying by almost 16 per cent on the S&P 500 this year. Analysts have reported that the major tech companies will rally for as long as they can as investors are insulated from the worst of the Covid-19 market crisis. Byron Lotter, Portfolio Manager at Vestact joins CNBC Africa for more.
Exactly a month ago today, the JSE Top 40 index traded at 37,550 points with the COVID-19 sell-off rippled across local and global markets. Today the index has gained 20 per cent from those lows, not far behind global peers on Wall Street. Is this a signal investors think the worst of COVID-19 is over? Byron Lotter, Portfolio Manager, Vestact and Seleho Tsatsi, Investment Analyst at Anchor Capital join CNBC Africa for more....
Brian Joffe's Long4Life is swallowing more of Spur. It has upped its stake from 4 per cent to 12.5 per cent and its voting rights stake to 14.3 per cent from 4.6 per cent. Is he seeing value where others fear to tread? Byron Lotter, Portfolio Manager, Vestact joins CNBC Africa for more.
Byron Lotter, Portfolio Manager, Vestact joins CNBC Africa’s Fifi Peters to look at local market movers and shakers.
Why Facebook is still a good buy despite data breach scandal
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