Axe Capital Investments

Clear market notes built around the JSE, the rand, and what matters locally.

Axe Capital Trading News shares simple market takes on the stories moving South African shares, the rand, and a handful of major currency pairs.

What you will find here:

1. JSE shares, South African companies, and the local knock-on effects of big market news.

2. The rand, interest rates, and a small group of forex pairs, with USD/ZAR at the centre.

3. Global stories only when they can actually change how a local investor might act.

Latest market stories

Billionaire Ken Griffin Is Buying This Dividend King That Wall Street Still Rates a Buy

2026-10-26 06:30 • The Motley Fool Positive Axe Cap view: Selective

Ken Griffin's Citadel Advisors has significantly increased its stake in pharmaceutical company AbbVie, purchasing 2.7 million shares in Q2 for $633 million. Despite the stock's 24% year-to-date run-up and high valuation at 74x trailing earnings, AbbVie remains attractive as a Dividend King with 50 consecutive years of dividend increases. The company boasts blockbuster drugs like Skyrizi and Humira, plus a robust pipeline of 90 treatments in development. Recent FDA approval of Juvmo for Parkinson's disease and analyst bullishness support the investment thesis.

Axe note: Ken Griffin’s Citadel Advisors just raised their bet on AbbVie, a pharma giant known for paying steady dividends.

Chip Stocks to Buy After Their Worst Day Since June

2026-10-26 03:17 • The Motley Fool Positive Axe Cap view: Selective

The semiconductor index fell 6.7% on Oct. 22, its worst day since June, with major chip stocks declining sharply. However, the sell-off appears to be a buying opportunity, as the decline was triggered by supply constraints rather than weak demand. Lam Research reported record revenue and expects industry equipment spending to exceed $200 billion by 2027. Micron, AMD, and Marvell all maintain positive outlooks despite the stock price declines, with none cutting guidance.

Axe note: A steep sell-off in semiconductor shares sparked by supply issues looks more like an entry point than a warning sign.

Lindsay: 3 Key Takeaways for Long-Term Investors

2026-10-26 02:12 • The Motley Fool Neutral Axe Cap view: Neutral

Lindsay announced operational restructuring that will deliver $8 million in annual cost savings while facing near-term pressure from subdued farm economics. The company is offsetting agricultural weakness through high-margin recurring software revenue, which grew 11% year-over-year. However, the completion of an $80 million Middle East project creates a temporary sales gap in fiscal 2027, though management expects recovery as markets stabilize.

Axe note: Lindsay’s $8 million cost cuts and software growth face offset from weaker farming and a looming sales dip.

See all market stories →

What we follow

We keep the focus on JSE shares, the rand, and the currency moves that matter most to South African investors.

JSE and rand