The price has since rebounded, although could be forming a new bearish price reversal ahead of what is a news heavy week.South Africa 40 Cash Index
Source: IG charts
The short criteria highlighted in...
In this article we look at JSE sector moves, recent and upcoming results.
Source: IG chartsRecently released company newsFirstRand Ltd (JO:FSRJ): FY23 results, showed basic and diluted EPS to have...
Growthpoint Properties (JO:GRTJ) demonstrated a steady performance in challenging economic conditions, with a 5.3% increase in total revenue and a 2.1% increase in operating profit.FY23...
The index price has since conformed to bearish technical assumptions and is currently testing a break of the 68500-support level.South Africa 40 Cash Index
Source: IG charts
The bearish indications...
The financial year 2023 marked a challenging period for ARM (African Rainbow Minerals) as the company's headline earnings witnessed a decrease of 21% to R8.981 billion.Key Takeaways:Decrease in...
In a favorable business environment, the company's management team leveraged the rebounding demand in the broader foodservice market and higher inflation, leading to impressive financial...
The company has managed to deliver a strong set of results, although it is worth mentioning that earnings slowed considerably in the second half of the year.Key Takeaways:Woolworths Group Limited...
Traders who are long into the breakout might consider tightening stops to their respective entry points to reduce the risk of the trade.South Africa 40 Cash Index
Source: IG charts
The breakout...
This sharp decline in basic earnings can be attributed to the impairment of assets, including a R35 billion write-down of its Secunda facility.Key Takeaways:Sasol Limited reported a 13% increase in...
BHP (ASX:BHP) (JO:BHGJ) has demonstrated resilience in a challenging market environment, leveraging smart operational strategies to boost production and maintain shareholder returns.Key...