Company Data
| Last traded |
R25.00 |
| Change |
R-0.06 |
| % Change |
-0.24% |
| Cumulative volume |
12.14m |
| Market cap |
R140.95bn |
| Last traded |
R113.00 |
| Change |
R-0.10 |
| % Change |
-0.09% |
| Cumulative volume |
3.20m |
| Market cap |
R179.93bn |
| Last traded |
R168.34 |
| Change |
R-0.80 |
| % Change |
-0.47% |
| Cumulative volume |
299,281 |
| Market cap |
R85.43bn |
| Last traded |
R150.00 |
| Change |
R0.00 |
| % Change |
0.00% |
| Cumulative volume |
1.30m |
| Market cap |
R107.73bn |
Related Articles
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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 25 2012 12:44
Zimbabwe has directed banks not to provide services to a local unit of SA-owned miner Zimplats, after it continued to put money in offshore accounts.
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 -
Standard Bank Group [JSE:SBK] is poised to deliver loan growth ahead of its peers given its strong franchise network, Goldman Sachs said and upgraded Africa’s biggest bank by assets to “neutral”.
The brokerage also raised its target price on South Africa’s second-largest bank
FirstRand [JSE:FSR] and said the bank would continue to benefit from its focus on asset financing and unsecured lending.
Goldman sees relatively slower credit growth in South Africa owing to weaker macroeconomic conditions.
“We expect a loan growth of about 6% over 2011-13 which we deem the ’new normal’ vis-a-vis prior periods of exceptional growth,” the brokerage wrote in a note to clients.
Among the four big South African banks - Standard Bank, FirstRand,
Absa Group [JSE:ASA] and
Nedbank Group [JSE:NED] - Goldman said it prefers “neutral” rated FirstRand.
It maintained its “sell” rating on Nedbank and Absa.