Mid-week was eventful for Gold as displayed in the blue shaded box on the chart below. On Wednesday, Fed Chair Powell was re-elected by President Biden to serve another term. Read more.
Tags : market update
Uber reported its third-quarter results after the bell on Thursday. After an initial decline, shares rose about 1% in after-hours trading. Uber reported a net loss of $2.4 billion for the quarter, largely due to a decline in the value of its investments, particularly in Didi. Read more.
Shares in JSE-listed retail and wholesale group Massmart rose 8.56% on Tuesday to close at R68 after the group announced in a Sens sales report that it had achieved R1.3 billion of its R1.9 billion cost savings target in the 39 weeks to 26 September. Read more.
South Africa's largest healthcare retailer, JSE-listed Clicks Group, continues to expand despite ongoing Covid 19 pressures and the impact of the July riots on its business. Read more.
Supermarket group Pick n Pay (PnP) says it has lost R930 million in revenue due to the unrest in July. However, most of the losses will be covered by insurance, which has already paid out about R600 million. Read more.
Airports Company South Africa (Acsa) - the state-owned monopoly that controls nine of the country's major airports - on Tuesday reported a loss of R2.6 billion for the financial year ending March 31, 2021. Read more.
Shares of Netflix fell about 1% in after-hours trading Tuesday after the company reported its third-quarter results, showing investors that the streaming service continues to add subscribers. Read more.
Shares in JSE-listed Calgro M3 surged 10.29% to a 15-month high on Monday after the developer of residential and memorial parks reported a strong improvement in its financial results for the six months to August 2021. Read more.
Boeing reported an eighth straight month of net aeroplane sales on Tuesday, but deliveries of its Dreamliner planes remain suspended as they undergo quality checks. Read more.
Government has not made a final decision on the future of e-tolls on the Gauteng Freeway Improvement Project (GFIP). Read more.
Texas Governor Greg Abbott issued an executive order Monday prohibiting any entity, including private businesses, from requiring employees or customers to be vaccinated against Covid-19. Read more.