Much of South Africa’s attention was focused on the annual Nelson Mandela Lecture presented by Barack Obama in Sandton on Tuesday.
It was a quiet day on the markets but here are some of the stories in the small and mid-cap space that we spotted:
Oando denies media reports
Dual-listed Nigerian oil and petro-chemical group Oando has issued…
The JSE Top 40 was down more than 1% in Monday trade as the market responded to a stronger Rand.
Below are some of the small and mid-cap news stories we spotted on Monday from the JSE:
New lows:
Once again there were no intra-day 52-week highs reported on the JSE. There were a number of shares which…
Markets continue to tread water on Monday as geo-politics continues to dominate the news flow.
Growing claim against Afrocentric
Investment holding group Afrocentric is a popular investment for small and mid-cap investors on the JSE but they should take note of this Moneyweb article which identifies a potential R1bn claim against the business via its Medscheme investment.
Radley…
International markets are firmly focused on the state of play around geo-political events (Brexit and NATO) and the continued fall-out from the US / China trade war.
Here is a summary of some of the interesting news from the small and mid-cap sectors on the JSE on Thursday:
Esor slides
Shares in construction group Esor closed down 12%…
US markets are weaker as they continue to absorb the widening trade war between the US and China. Investment appetite on the JSE remains muted with investors looking to international markets for direction.
Here are some of the small and mid-cap stories we picked up yesterday:
New lows reached
A number of shares reached new 52-week intra-days during…
All eyes remain on the fallout from the trade war between the US and China and investors remain wary of committing further capital.
These are some of the small and mid-cap stories from Monday 9 July 2018:
Torre to exit the JSE
Torre Industries has indicated that it will look to de-list from the JSE in an attempt…
The Rand staged a mini fight-back at the end of the week but markets remained directionless on the whole.
These are some of the key small and mid-cap stories spotted from Friday 22 June 2018 on the JSE:
Wescoal earnings to jump:
Coal mining group Wescoal has indicated that it expects earnings to rise materially for the year…
With the market continuing to trend weaker on Thursday, much of the focus was on the announcement from the Health ministry around the National Health Insurance (NHI) offering which knocked medical insurers and private hospital groups.
Here are some of the small and mid-cap stories from the JSE from Thursday which we thought were of interest:
Broker…
The Rand has kicked off Tuesday as one of the weaker performing Emerging Market currencies currently sitting at R13.66 to the US dollar. Despite the weaker Rand, markets continued to trend weaker on Monday.
Here are some of the news stories from the small and mid-cap space on Monday which caught our eye:
New Highs:
Logistics group Onelogix…
Monday is likely to be dominated by the news of cyber-security issues at insurance group Liberty but here are some of the small and mid-cap stories from Friday:
New Mining Charter rolled out
The previous iteration of the proposed new Mining Charter was viewed as investment negative. The Department of Mineral Resources has issued an updated version…
With the market taking the time to absorb an interest rate increase in the US and some guidance from the European Central Bank (ECB), equities stayed under pressure.
Here are some of the small and mid-cap stories from Thursday which stood out for us:
ARB director tops up stake
Alan Burke – non-executive chairperson at industrial group ARB…
Markets stabilised in Tuesday trade but concerns around Emerging Market currencies continued to swirl and geopolitics took centre stage with the historic North Korea / US summit.
Here are some of the small and mid-cap stories from the JSE on Tuesday:
Westbrooke bullish on small-caps
Asset management firm Westbrooke has released a research report suggesting that the JSE…