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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 […]
» Read moreBy 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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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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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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