JSE poised for weak start to a busy day of company results

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Standard Bank Group, MTN, Sanlam and Aspen Pharmacare are four of the companies due to release results on Thursday

An investor sits in front of displays showing stock information at a brokerage office in Beijing, China. Picture: REUTERS/THOMAS PETER

At least four top-40 counters are due to report, including Standard Bank Group, MTN, Sanlam and Aspen Pharmacare. After a three-day rally, Naspers’s associate company, Tencent, was 1.2% lower in Hong Kong, suggesting that Africa’s largest public company will open in the red.MTN, whose shares have declined for eight consecutive days, is set to report its 2018 numbers early on Thursday.

Sanlam and Standard Bank are also due to report their annual results early in the day, while Aspen’s interim numbers are due after the market’s close.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE slips amid spate of disappointing earnings reportsGlobal markets were reacting to some disappointing news out of China on Thursday, while US officials have reminded the market that the US-China trade war is far from over Magda_Wierzycka you surprised?
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Flood of disappointing results keeps JSE underwaterThe JSE edged lower as Massmart fells 6% and Blue Label Telecoms 25%, although AB InBev surged 5% and local economic data on the day was positive
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE tracks firmer Asian markets as retailers liftThere were a few corporate releases to give the market direction on Friday morning, with banks and retailers pushing higher despite rand weakness overnight
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE kicks off new month positivelyAfter gaining 3.41% in February, the all share began March with broad-based gains, with rand hedges leading the pack
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE flat as Naspers offsets slump by banksGlobal equities have been buoyed by further signs that a US-China trade deal is imminent, while local banks and gold miners came under pressure
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE falls despite better-than-expected GDP growthThe local bourse brushes off positive local economic news, with miners, retailers and industrials under the most pressure on the day
Source: BDliveSA - 🏆 12. / 63 Read more »