News Formal

Analysts caution on EOH’s ‘big test’ as market cheers

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business News News

Top story | caution on EOH’s ‘big test’ as market cheers

Technology services group EOH’s share price jumped as much as 55% on Tuesday, the best level in six weeks, after it said it would raise R1bn through asset sales to reduce debt.

As the market cheered, analysts cautioned that they would be watching the scandal-tainted company’s ability to grow and execute a turnaround plan.

 

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.

Naspers pulls up JSE amid market cautionGlobal markets are mixed ahead of a spate of news expected later in the day, with local retailers and Naspers keeping the all share higher
Source: BDliveSA - 🏆 12. / 63 Read more »

Oil price slips as analysts expect stocks to have risenWhile Opec supply cuts have lifted oil more than 30% in 2019, gains have been limited by worries that slowing economic growth could weaken demand for fuel
Source: BDliveSA - 🏆 12. / 63 Read more »