Trade Ideas
Global Trade Idea: MetLife Inc. (MET US) - BUY
We initiate a long position with a target price of $89.00 and a stop-loss of $74.00 (Risk/reward ratio 1:1.8).
05 June 2025
Trade Ideas
Global Trade Idea: MetLife Inc. (MET US) - BUY
We initiate a long position with a target price of $89.00 and a stop-loss of $74.00 (Risk/reward ratio 1:1.8).
05 June 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 20
02 June 2025
Investment Insights
Investing thematically with ETFs and ETNs
Thematic investing has gained in prominence over the last decade, with investors buying into big idea trades like big tech, electrification, clean energy, cybersecurity, social responsibility, genomics, and most recently, AI.
29 May 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 19
26 May 2025
Equity Insights
Corporate Action: Anglo American (AGL) - Demerger of Valterra Platinum and Share Consolidation
Anglo American plc (AGL) will demerge a portion of its stake in Valterra Platinum Ltd (VAL) to AGL shareholders, in the ratio of 110 VAL shares per 1 075 AGL shares held. This will be immediately followed by a share consolidation in the ratio of 96 AGL shares for every 109 AGL shares held. VAL is currently trading as Anglo American Platinum (AMS), but the name change will become effective prior to VAL shares reflecting in broker accounts.
20 May 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 18
19 May 2025
Flash Notes
Mining production decline extends into March, dragging on 1Q25 GDP growth
Mining production (not seasonally adjusted) declined again in March by 2.8% y/y after falling by 9.7% y/y (previously -9.6%) in February. This marked five successive months of annual decline. Seasonally adjusted mining output expanded by 3.5% m/m, reflecting a rebound from a 4.1% monthly decline, better than the previously recorded fall of 4.4%.
15 May 2025
Flash Notes
1Q25 QLFS: Employment momentum weakens
The Quarterly Labour Force Survey (QLFS), a household-based employment survey (not seasonally adjusted), reflected a decrease of 290 575 q/q in total employment during 1Q25, following an increase of 131 669 q/q in the previous quarter. However, compared to the same quarter last year, employment improved by 42 517 to 16 787 267.
13 May 2025
Equity Insights
Corporate Action: Anglo American (AGL) - Demerger of Valterra Platinum and Share Consolidation
20 May 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 20
02 June 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 19
26 May 2025
Everything you need to know about the markets this week
Weekly opportunities podcast EP 18
19 May 2025
Disclaimer
This Publication note is issued by FNB for the information of clients only and should not be produced in whole or part without prior permission. Although FNB is an Authorised Financial Services Provider, any opinions and/or analysis contained in this Publication are for informational purposes only and should not be considered advice, including but not limited to financial, legal or tax advice, or a recommendation to invest in any security or to adopt any investment strategy. The information contained herein has been obtained from sources/persons which we believe to be reliable. Still, it is not guaranteed for correctness, completeness or otherwise. We do not assume liability for loss arising from errors in the information or that may be suffered from using or relying on the information contained herein, irrespective of whether there has been any negligence by us, our affiliates or any other employees of ours, and whether such losses are direct or consequential. As market and economic conditions are subject to rapid change, any comments, opinions and analyses are rendered as of the date of publishing and may change without notice. Such changes may have a material impact on the outcome of any investment. Securities involve a degree of risk and are volatile instruments. Past performance is not indicative of future performance. Securities or financial instruments mentioned in the Publication note may not be suitable for all investors, and FNB bears no responsibility whatsoever arising from or as a consequence thereof. The material is not intended as a complete analysis of every material fact regarding any share, instrument, sector, region, market, country, investment or strategy. The recipient of this Publication must make their own investment decision and is advised to contact their relationship manager for a personal financial analysis before making any investment decisions. Copyright 2023.
