News Formal

Peregrine’s earnings fall as JSE activity declines

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

The group, which includes Citadel, Peregrine Capital and Stenham, says its outlook remains constrained by US-China uncertainty

Wealth and asset manager Peregrine Holdings said on Wednesday a decline in activity on the JSE weighed on its interim results to end-September, when headline earnings per share fell 40% to 77.8c.

ssets under management rise 7% to R133bn, but weak activity on the JSE hit its advisory division, Java Capital. “In addition, as transactional activity by JSE-listed companies has declined, so has the volume of required circulars, announcements and other corporate advisory services, which has translated into weaker financial performance,” the company said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

MARKET WRAP: JSE tracks weaker international marketsGlobal markets fall as Hong Kong protests turn more violent, while a US-China trade deal still looks some way off
Källa: BDliveSA - 🏆 12. / 63 Läs mer »