• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

SA's Imperial up with global auto trend

Jan 17 2013 16:15
Reuters

'OUTSTANDING' RESULTS: Imperial has revealed what it is calling \outstanding\ results, as it celebrates success even during tough economic times.

Company Data

IMPERIAL HOLDINGS LIMITED [JSE:IPL]

Last traded 141
Change -3
% Change -2
Cumulative volume 1037428
Market cap 0

Last Updated: 27-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Imperial climbs on auto sales data

Imperial lifts profit, auto unit robust

Imperial first-half earnings flat

Imperial to buy RTT Health Sciences

Transport strike hits fuel supplies

Imperial wins EU approval for German buy

 
SHARES of Imperial Holdings [JSE: IPL]rise as investors look to increase their exposure to well-performing auto companies, driving South Africa's biggest, listed logistics group up over 2%. 
                
"Ford broke out of a downward trend which has been going on for about two years, Volkswagen has been going up. There's actually an ETF on autos which has performed, which has been up for about 23% over the last two months," said Ilan Arbel, a trader for Consilium Securities.

Imperial, which brings in about a quarter of its revenue from selling cars, is up 2.3% at R202.50.

"Due to the continual demand for autos ... and looking at all those other companies Imperial is the one real company that South Africans can get exposure to that upward drive, and I think that's exactly what's driving up Imperial."

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

imperial  |  car industry

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...