Trade Ideas
Global Trade Idea: O'Reilly Automotive Inc. (ORLY US) - BUY
We enter a long position with a target price of $109 and a stop-loss of $89.
24 April 2026
Trade Ideas
Global Trade Idea: O'Reilly Automotive Inc. (ORLY US) - BUY
We enter a long position with a target price of $109 and a stop-loss of $89.
24 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 14
20 April 2026
Trade Ideas
Local Trade Idea: Old Mutual (OMU) - BUY
We initiate a long position. Our upside target is set at R16.30. We recommend a stop-loss at R12.90.
14 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 13
13 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 12
07 April 2026
Hot Topics
Is it going to be oil-right?
The oil and gas industry has its roots in ancient history, where naturally occurring petroleum and bitumen were used by early civilisations for construction, waterproofing, lighting and medicine. The modern oil and gas industry emerged in the nineteenth century with technological advances in drilling and refining, marked notably by successfully drilled oil wells in Pennsylvania in 1859 and often regarded as the start of the modern petroleum era (Yergin, 2008; Library of Congress, n.d.). Rapid industrialisation, the spread of electricity, and later the rise of the automobile transformed oil and gas into strategic global commodities in the early- to mid-twentieth century. In the later-to-modern period, state control, nationalisation, and geopolitical tensions have reshaped the industry, making oil and gas central not only to global economic development but international politics as well.
30 March 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 11
30 March 2026
Equity Insights
Brunello Cucinelli - Barely a whisper at the top of the taste hierarchy
25 March 2026
Intermediate investing
How structured notes work in the South African market
Structured notes are a prominent subset of structured products that are typically issued by banks and large financial institutions, often for a fixed term, and are designed to deliver pre-defined payoffs linked to the performance of an underlying asset or market. Unlike equities or unit trusts, structured notes do not provide open-ended participation in market movements. Instead, they follow clearly defined rules that determine returns under different scenarios. These instruments combine elements of bonds and derivatives, creating tailored outcomes but also introducing specific risks that investors do not face to the same degree in traditional instruments.
25 March 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 10
23 March 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 14
20 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 13
13 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 12
07 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 11
30 March 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 14
20 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 13
13 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 12
07 April 2026
Everything you need to know about the markets this week
Weekly opportunities podcast EP 11
30 March 2026
Disclaimer
This Publication note is issued by FNB for the information of clients only and should not be produced in whole or part without prior permission. Although FNB is an Authorised Financial Services Provider, any opinions and/or analysis contained in this Publication are for informational purposes only and should not be considered advice, including but not limited to financial, legal or tax advice, or a recommendation to invest in any security or to adopt any investment strategy. The information contained herein has been obtained from sources/persons which we believe to be reliable. Still, it is not guaranteed for correctness, completeness or otherwise. We do not assume liability for loss arising from errors in the information or that may be suffered from using or relying on the information contained herein, irrespective of whether there has been any negligence by us, our affiliates or any other employees of ours, and whether such losses are direct or consequential. As market and economic conditions are subject to rapid change, any comments, opinions and analyses are rendered as of the date of publishing and may change without notice. Such changes may have a material impact on the outcome of any investment. Securities involve a degree of risk and are volatile instruments. Past performance is not indicative of future performance. Securities or financial instruments mentioned in the Publication note may not be suitable for all investors, and FNB bears no responsibility whatsoever arising from or as a consequence thereof. The material is not intended as a complete analysis of every material fact regarding any share, instrument, sector, region, market, country, investment or strategy. The recipient of this Publication must make their own investment decision and is advised to contact their relationship manager for a personal financial analysis before making any investment decisions. Copyright 2023.