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

Why Aug. 4 Could Be a Big Day for the Stock Market

2026-08-01 22:37 • The Motley Fool Negative Axe Cap view: Selective

SpaceX will report its first earnings as a public company on Aug. 4, with investors expecting 68% year-over-year revenue growth. However, the upcoming unlock of insider shares on Aug. 6 could trigger significant selling pressure. The analyst warns that massive growth expectations (100% revenue growth projected for 2026-2027) may be unrealistic, particularly for the AI infrastructure business with potentially low profit margins. The stock is recommended to be avoided before earnings and watched for a lower entry point.

Axe note: SpaceX’s public debut and insider unlocks may pressure markets, with clear implications for USD/ZAR and South African tech investors.

Why IMAX Stock Keeps Rising

2026-08-01 22:26 • The Motley Fool Positive Axe Cap view: Selective

IMAX stock continues to rise as Christopher Nolan's film 'The Odyssey,' shot entirely with IMAX cameras, becomes a global cultural phenomenon. The film achieved a record-breaking $52 million opening weekend followed by $48 million in its second weekend, with fans traveling across countries to experience it in IMAX 70mm format. Screenings are selling out around the clock, prompting IMAX to extend 70mm showings into mid-September.

Axe note: IMAX’s sustained surge is a reminder that niche, quality experiences can pay off, but direct local links remain limited.

3 High-Yield Energy Stocks to Buy With $1,000 Right Now and Hold Through 2030

2026-08-01 21:15 • The Motley Fool Positive Axe Cap view: Selective

The Middle East conflict has highlighted the importance of stable energy supplies, positioning North American midstream operators as attractive investments. Enterprise Products Partners, Enbridge, and Oneok offer high dividend yields (5.6%, 4.9%, and 4.5% respectively) with long histories of annual increases, while benefiting from potential growing demand for North American energy through 2030.

Axe note: Stable dividends in North American energy midstream look attractive but have limited relevance for South African investors.

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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