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

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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.

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