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

Nu Holdings Earned More Than $1 Billion in a Quarter for the First Time. Now It's Launching in the U.S.

2026-10-25 19:45 • The Motley Fool Positive Axe Cap view: Selective

Nu Holdings, a Latin American fintech leader, achieved a major milestone by posting net income of $1.1 billion in Q2 2026, representing 49% year-over-year growth. With over 140 million customers and strong unit economics ($17.10 monthly revenue per user vs. $1 cost to serve), the company is expanding into the U.S. market through a partnership with Lead Bank. However, U.S. expansion will take 12-30 months to develop proper risk models, and the company faces intense competition from established banks and digital pioneers.

Axe note: Nu Holdings' strong Latin American fintech growth sets up a challenging but promising U.S. entry.

Grab Is Down 83.5% and Growing. Here's Why It Has the Makings of a Monster Stock for the Next Decade.

2026-10-25 19:30 • The Motley Fool Positive Axe Cap view: Selective

Grab, Southeast Asia's leading ride-hailing and delivery platform, has seen its stock plummet 83.5% from its lifetime high and fallen 47% in 2026. However, the company continues to demonstrate strong fundamentals with 22% year-over-year revenue growth to $997 million in Q2, net income of $235 million, and a 23.5% profit margin. Trading at 21x forward earnings and 2.7x sales with 54 million monthly active users, analysts suggest the stock could be a long-term winner despite macroeconomic risks associated with international investments.

Axe note: Despite a steep 83.5% drop, Grab's strong revenue growth and profitability make it a compelling long-term play for investors watching emerging markets.

Realty Income Yields 5.7%. Here's What $2,500 in Yearly Dividend Income Would Cost You.

2026-10-25 19:30 • The Motley Fool Positive Axe Cap view: Selective

Realty Income (O) requires 768 shares at $56.89 per share (approximately $43,692 investment) to generate $2,500 in annual dividend income at its current 5.7% yield. The REIT has maintained 676 consecutive monthly dividend payments and increased dividends for 31 consecutive years, supported by its predictable triple-net lease model and recession-resistant portfolio concentrated in supermarkets and convenience stores.

Axe note: Buying Realty Income for $2,500 annual dividends demands significant capital, but offers consistent payouts from recession-proof tenants.

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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