The JSE rallied strongly on Thursday as big diversified miners in particular rebounded from the sharp sell-off the previous day, helped in part by stability in commodity prices.
The rand was nearly 1% weaker at R18.15/$, the lowest level since early November, according to Infront data and is down a hefty 20% year on year. Initial considerations on Vodacom range from merging the business with other operators or divesting some assets in certain markets, to even selling a stake in the company, Bloomberg News reported, citing people familiar with the matter.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
5 JSE stocks investors have eyes on right nowHere are five local stocks South African experts have chosen as their stock picks for February 2023.
Lire la suite »
International Finance: Asia stocks, US futures fall after hot CPI print: markets wrapAsian stocks and US equity futures fell on Wednesday as investors weighed hot American inflation data and mixed commentary from central bankers on the outlook for interest rates.
Lire la suite »
Business Maverick: Stocks Fall on US Consumers’ Relentless Spending: Markets WrapUS equity indexes fell after data showed that US retail sales in January jumped by the most in almost two years.
Lire la suite »
International Finance: Asia follows Wall Street higher in risk-on rally: markets wrapStocks in Asia rose after US shares climbed and Treasuries sold off as investors weighed fresh data that indicated further Federal Reserve tightening ahead.
Lire la suite »
Egypt currency devaluation creates equity-market winners, EFG Hermes saysThe latest devaluation of the Egyptian pound creates openings for investors in the stock market, with companies which generate foreign revenues likely to benefit, says Simon Kitchen, head of macro strategy at EFG Hermes.
Lire la suite »