. The median forecast is for a contraction of 2.6% from one of 2.4% in September, according to a Bloomberg poll.
The R2030 government bond was stronger, with the yield falling 3.5 basis points to 9.17%. Bond yields move inversely to their prices. Alexander Forbes gained 3.76% to R5.24. The company said on Monday its normalised headline earnings per share increased 43% to 27.2c in the six months to end-September. It said the latest financial results are a clear sign that its strategic initiatives are starting to “bear fruit”.
The collapse of the SA economy?! That just happened at 6pm. Did they not get the Eskom memo?
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Hurry up and open energy market, DA urges governmentTake immediate steps to tackle the worsening electricity crisis, says spokesperson The SACP is not going to be happy! Oh but they are not a real political party so they will just have to suck it up. 😂
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MICHEL PIREU: Self-confidence is but one tool in stock market wizards’ box of tricksWe think we are right far more often than we really are. We overestimate our degree of knowledge and our chances of success. The implications can be ruinous
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