LVMH (EPA:MC) stands for Moet Hennessy Louis Vuitton, a luxury goods company. It operates in 5 areas – Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry, and Selective Retailing. It has a market cap of EUR116.5 bn, a PE of 26.42 and a dividend yield of 1.74.per cent. Guest Wayne McCurrie, Senior Portfolio Manager, Ashburton and resident expert Paul Theron from Vestact decide whether LVMH is hot or not.
Absa launched its online trade finance portal, Trade Management Online, in 2019
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