Company Data
| Last traded |
R150.00 |
| Change |
R0.00 |
| % Change |
0.00% |
| Cumulative volume |
1.30m |
| Market cap |
R107.73bn |
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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - An independent investigation into the circumstances surrounding the premature release of banking group Absa's [JSE:ASA] interim results has found that an unintentional breach of Rule 3.5 of the JSE Listings Requirements occurred, in that price sensitive information was provided to the media before being released over the Stock Exchange News Service (Sens).
However, the JSE said on Thursday it has decided not to impose a further penalty on Absa after considering the following:
- the mitigation implemented by Absa to prevent or minimise any potential undesirable effects;
- the public censure that has already occurred;
- that the Absa results were in line with the trading update published on July 29 2010;
- that the results had very little impact on the volumes and value traded after their release; and
- the immediate notification of the JSE by Absa once it was discovered that the breach had occurred.
"Absa is also further implementing a number of enhanced governance actions and controls to ensure that a similar incident does not occur in future, including reviewing third-party supplier governance and limiting publication to daily newspapers," the JSE said.