| The New Year rally appears to have worn off, with the JSE falling for the first time this year as resource and particularly gold shares came under pressure. But it wasn't alone, with European equity markets also edging back on concern over spiralling Covid-19 cases. Even after yesterday's 0.35% decline, the All Share Index is still up 7% this year - more than it gained for the whole of 2020. Tharisa Plc bucked the trend with a 4.3% gain. It hasn't been held back by the coronavirus pandemic and resultant lockdowns, increasing production of platinum group metals (PGMs). In a first-quarter update yesterday, it also detailed the big rise in PMG prices it has benefitted from. Schroder European Real Estate Investment Trust, the fund that invests in properties across Western Europe, has also made headway despite the impact of Covid-19 on its tenants. More on those stories to follow, along with updates on Omnia's disposal of its Oro Agri business and Stellar Capital associate Tellumat's sale of its Air Traffic Management and Defence & Security businesses. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics With "Saxo's electrifying message" being one of the most popular downloads last year you won't want to miss out on Ingham Analytics latest Securities Strategy note entitled "Saxo's outrageous predictions for 2021 and our take". There are fascinating views and practical tips to trade them too. | 