The market has remained robust as Trump shifted most of his focus away from a potential trade war with China to Syria. 


This has helped the market bump higher as it tries to break above its 200-day moving average. The market remains in a bullish phase, while a sustained break above the 200-day moving average around 50,800 could see the market take another rally towards its 2018 high. 


Long term investors should buy the dips until it breaks above this level. 


For ideas on what to add to your portfolio take a look at our longer-term ideas below. 


The week ahead: 

Last week’s movers and shakers… 





Best Performers: MMG 11.9%, TOR 10.2%, S32 9.4%, DRD 9%, FFB and DTC 8.1% 

Worst Performers: TSX -32.9%, SNH -30.3%, HAR -12%, HMN -11%, SPP -6.5% 


Other Economic data releases of interest… 


One to Buy 


Mediclinic Buy the Bounce 


Mediclinic is expected to issue a trading statement on Thursday, which will invigorate investor sentiment after a 50% fall over the past two years. 


It will be important to see what improvements have been made in the UAE after relaxation of regulation last year. Any hints of a significant turn around in the near term will see the share start a long term run higher. 


Buy MEI below R102.50 for a move above R120. 


Short term Ideas 


Long Term Ideas