| So-called SA Inc. shares were full of surprises yesterday. With all the doom and gloom surrounding the very weak economy, made worse by the constraints of Covid-19 lockdowns, it seems that investors were expecting the worst. Particularly from the likes of Distell, which has had the added ban on local alcohol sales to deal with. Its shares jumped when it prepared the market for an increase in first-half sales and earnings, helped by its offshore diversification strategy. Distell wasn't alone; Super Group and Hulamin also rose after they released updates. And small cap electrical, cable and lighting business ARB Holdings soared on the back of its update. Paper and pulp group Sappi is much more exposed to global demand and prices. While it reported a first-quarter loss, it was an improvement on the previous three months and it's seeing signs of a recovery in the markets it operates in. More on those stories to follow, along with news of Glencore's latest addition to its board of directors as it prepares to release its annual results later this month. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Sasol's share price has recovered from lows last year but has it further to run or not? In "All that glitters?" Ingham Analytics reiterate caution about getting too excited about the recent trading statement and explain why investors need to be cautious. Also topical is "Elevator to the stratosphere?", "The gift that keeps on giving for BHP", "Lithium's Tesla disconnect" and "Saxo's outrageous predictions for 2021 and our take". | 