Pepkor expects headline earnings per share to increase by 94,7% to 114,7% (127,5 cents to 140,6 cents) for the financial year ending 30 September 2021. Read more.
Tags : oil price
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.
The price of crude oil plunged on the first trading session of the week as China released gasoline and diesel reserves, easing concerns over a tight supply, while investors cashed in ahead of the November 4 meeting of major crude producers that could raise production targets. Read more.
The group expects a significant recovery in group earnings before interest, tax, depreciation and amortisation (Ebitda) to around 15.5%, compared with 12.1% in the previous corresponding period. Read more.
On the daily timeframe, SUGAR: D1 is in a triangle. He must go up from it before opening a position. A number of technical analysis indicators have formed signals for further growth. Read more.
Stock markets around the world rallied Thursday as the U.S. temporarily unblocked a political stalemate that threatened to push the United States into default. Read more.
As the U.S. dollar rose and new coronavirus-related restrictions in Asia, especially China, made the market nervous, oil prices fell more than 3% on Monday. Read more.
According to the Automobile Association, the price of petrol is set to rise by about R1 a litre from next Wednesday, while diesel is set to rise by 66 cents. Read more.
Recorded phone call between Pfizer and SA health officials suggest attempts at vaccine deal goes back further, and brent oil soars to above $56 and dollar swings dominate markets. Read more.
Despite all the current challenges being faced both globally and locally, continuous improvements are expected on more positive developments on Covid-19 vaccinations, according to Nedbank.
It was a busy news week, and a busy week on the markets. Read more about oil prices, SA's aviation sector, and more.
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