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Good Morning Voornaam,

Ghost Bites:

BHP's production is higher, other than in coal
DRDGOLD is struggling with margins because the gold price isn't behaving itself
MTN has walked away from a potential Telkom deal
Quilter has lost half its market value this year
Standard Bank signs off on another strong quarter

There's a solid mix of mining and financial services in here, along with my popular tweet from July coming true in the telecoms sector. Yes, MTN has achieved what so many have failed to do: find success with the Telkom cancellations department! Get your dai ly fix of Ghost Bites here>>>

Cheese and chips

In this week's edition of Ghost Global, we kept it short and sweet. Karel Zowitsky focused on Domino's and Taiwan Semiconductor Company, thereby touching everything from smartphones through to foolish eating decisions. Both share prices have had rough years for different reasons. Get the latest quarterly updates in Ghost Global>>>

Hello R18.30, our old friend

A resurgence in the dollar yesterday saw emerging market and other developed market currencies trade on the back foot. The rand moved towards the R18.30 handle once more, with Fed official Kashkari putting out hawkish commentary on his expectation of higher interest rates and liquidity drying up. Local sales data for August printed lower than expected, so that didn't help matters. Local retail sales growth was only 2% year-on-year, well below the 4.2% expectation.

In other news that isn't really news to anyone this year, gold is under pressure. Metals traded lower across the board and Brent Crude moved back ab ove the $90 mark.

As always, the daily market update is brought to you by the team at TreasuryONE.

Podcasts to keep you company today

The joy of podcasts is that you can listen to them while you work. Here are two to improve your day:

On the bizval podcast, Jonathan Kropf (CEO and founder of Velocity Group) joined me to talk about building, buying and selling tech companies
In Episode 97 of Magic Markets, we looked at some of the common mistakes made by investors and traders in the market

For those who registered to attend today's session of Unlock the Stock, I'll see you at midday! If you haven't registered yet, you better move quickly if you want to learn about Pan African Resources and Calgro M3. Register here>>>

Have a great day!

Ghost Bites (BHP | DRDGOLD | MTN and Telkom | Quilter | Standard Bank)

BHP's production numbers are higher, other than coal. DRDGOLD continues to struggle with margins. MTN has achieved the near-impossible: cancelling something with Telkom. Quilter has lost half its market value this year. Standard Bank signs off on another

Ghost Global (Domino's | TSMC)

Ghost Grad Karel Zowitsky chose cheese and chips for Ghost Global this week. With the latest on Domino's and Taiwan Semiconductor Company, there's a lot to learn.

British pound: the new emerging market currency?

TreasuryONE's Andre Botha looks at the volatility in the pound in a week that is almost devoid of data.

The bizval podcast: Buying and selling tech companies with Jonathan Kropf

Jonathan Kropf is the founder and CEO of Velocity Group. He knows a thing or two about building, buying and selling tech companies. Come and learn with us.

Listen Now

Magic Markets Ep97: Market Mistakes we all Make

I'm so proud of this episode. We talked about some of the common mistakes that everyone makes in the market (including us). There's something to learn in here for everyone.

Listen Now

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