Tag Archives: share price

Why the JSE Closed Over 1percent in Negative Territory Yesterday

What: The Johannesburg Stock Exchange (JSE) All-Share Index closed 1.02 percent in negative territory yesterday. Total volume traded was R13.1 billion. Among top losers of the day were: Discovery Ltd (JSE Code DSY) down 2.6 percent, AngloGold Ashanti Ltd (JSE Code: ANG) down 2.5 percent, Naspers Ltd (JSE Code: NPN) down 2.2 percent, Mondi PLC (JSE Code: MNP) down 2.2 […]

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Why Shares of Nedbank Group Went Up 0.78 Percent Yesterday

  What: shares of the Nedbank Group Limited (JSE Code: NED) went up 0.78 percent on the JSE yesterday. Nedbank Group Ltd. is a bank holding company, with its principal banking subsidiary being Nedbank Ltd. The company’s ordinary shares have been listed on JSE Ltd. since 1969 and on the Namibian Stock Exchange since 2007. Nedbank Group is one of […]

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Why Was There a Huge Sell Off on the JSE Yesterday?

By Vivian Atud What: Johannesburg—Sunburst Africa—there was a huge sell off on the JSE yesterday with markets closing for a third day in negative territory. The JSE All-Share Index closed 0.6 percent in negative territory after trading closing 1 percent in negative territory the previous day. Why: Volatility in global markets continued to wreak havoc on the JSE as investors […]

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Tencent’s WeBank is Good news for Naspers Investors

By Vivian Atud Summary China’s first online Private bank has just been opened by Tencent in a move into non-core verticals to drive its core business growth. This is goodness for Naspers (JSE Code: NPN) Investors as Naspers is an investor in Tencent. Investors should continue to watch the space as other online retailers may follow suit. Naspers remains a […]

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Cheap Fuel Costs is Gain for Comair Limited

By Vivian Atud Summary Oil prices continue to fall, this means financial hurt for many companies, but others will benefit. High fuel input cost sectors such as shipping, utilities, airlines, railroads and automotive all stand to gain due to reduced costs or increased sales. There are potential direct and indirect benefits for other sectors from low fuel costs. Johannesburg—Sunburst Africa–The […]

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Discovery and Generali Group Partnership is  Good News for Discovery Investors

By Marcello Conti Last month, South African insurer Discovery  entered into a European partnership with the Generali Group, a  leading insurance company in Italy and a major player worldwide with a total premium income of 66 billion euro in 2013,  to launch the innovative Health and Protection shared value insurance products “Vitality. Vitality is the flagship behavior-linked shared value insurance […]

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The JSE closed down 1.28 percent on November 28th, 2014

Last was a bumpy one for investors on the JSE as verious economic data released both locally and internationally did not do much to improve investor apetite. The top losers for the day included: Sasol, Anglogold, BHPbilliton, Assore, and the MTN Group. Top winners included CAPCP, Vodacom, Grothpoint, Richemont and BAT. Table1: Top Winners and losers on the JSE November […]

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