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SA stocks slide for second day after IMF cuts growth forecasts

MONEYWEB app instead? SA stocks slide for second day after IMF cuts growth forecasts Foreigners remained net sellers of South African stocks for a fourth consecutive day Tuesday, disposing of R1.05 billion worth of shares. By Adelaide Changole, Bloomberg 27 Jan 2021  11:57  Image: Moneyweb South Africa’s main stocks index extended declines for a second day, falling 0.2% by 10:13 a.m. in Johannesburg, amid weakness in BHP and Anglo American as fellow benchmark heavyweights Naspers and Richemont dropped. The four stocks account for 48% of the gauge by value. Wednesday’s weakness came after the International Monetary Fund cut South Africa’s growth forecasts, even as it raised its projection for global expansion. Stock markets are mostly treading water near record highs as investors seek more clarity on the timeline for President Joe Biden’s $1.9 trillion Covid-19 relief plan, and awaiting the Federal Reserve monetary policy decision later Wednesday.

Manchester (MANU) United is a Potential Digital Winner

Manchester (MANU) United is a Potential Digital Winner Lindsell Train, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of -2.5% was recorded by the fund for the calendar year of 2020, still better with its FTSE-All Share TR benchmark that returned -9.8%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Lindsell Train, in their Q4 2020 Investor Letter said that they continue to be optimistic in Manchester United plc (NYSE: MANU), since they believe that the digital platforms will increase the value of the sports broadcasts rights. Manchester United plc is a world-class football team and club company that currently has a $2.4 billion market cap. For the past 3 months, MANU delivered a 9.61% return and settled at $15.29 per share at the closing of January 25th.

Unilever (UL) Can Remain Relevant in an Uprising Digital World

Unilever (UL) Can Remain Relevant in an Uprising Digital World Lindsell Train, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of -2.5% was recorded by the fund for the calendar year of 2020, still better with its FTSE-All Share TR benchmark that returned -9.8%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Lindsell Train, in their Q4 2020 Investor Letter said that they have a large chunk of investment in Unilever PLC (NYSE: UL), since they have a positive long-term view for the company. Unilever PLC is a large global company that makes and sells a variety of products worldwide, and currently has a $159 billion market cap. For the past 3 months, UL delivered a 0.35% return and settled at $60.97 per share at the closing of January 25th.

Lindsell Train s Q4 2020 Investor Letter

Lindsell Train’s Q4 2020 Investor Letter Lindsell Train, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of -2.5% was recorded by the fund for the calendar year of 2020, still better with its FTSE-All Share TR benchmark that returned -9.8%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Published on January 26, 2021 at 10:03 am by Inan Dogan, PhD Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent. 

En operativo, Policía Estatal inhibe venta ilegal de alcohol en el mercado Morelos

En operativo, Policía Estatal inhibe venta ilegal de alcohol en el mercado Morelos
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