Stefanutti Stocks shares surge as it finalises disposal of ATS

Shares of struggling construction group Stefanutti Stocks, which has operations across Southern African Development Community countries, surged to their highest in more than three years after the company reported progress in the disposal of its 49% interest in Al Tayer Stocks .

The shares rose 6.10% to 87c on Monday, a level last seen in June 2019. They have climbed more than 12% in the past seven days and are up 64% in the year to date...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Canada Canada Latest News, Canada Canada Headlines

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

Rand strengthens against dollar, stocks riseThe rand advanced early on Monday, as the safe-haven dollar nudged down from multi-year highs. Moneyweb Rand Stocks
Source: Moneyweb - 🏆 5. / 77 Read more »

Global stocks start busy, rates-focused week on firm footingThe ECB is set to raise rates for the first time in more than a decade on Thursday, the same day the bloc will be hoping Russia resumes gas supplies
Source: BDliveSA - 🏆 12. / 63 Read more »

Why the time might be right to get back into global tech stocksThe valuation pullback in recent months is likely to create some excellent buying opportunities in the tech space.
Source: TechCentral - 🏆 8. / 71 Read more »