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 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 - Media group BDFM has apologised to Absa Group [JSE:ASA] for publishing an advertisement containing the banking group's interim results a day before it was due for release on the JSE's SENS news service.
The JSE was forced to briefly suspend trade in Absa's shares to enable the group to publish its results on SENS after the advertisement containing the Absa results appeared in this week's edition of the Financial Mail which was already available on newsstands this afternoon.
The results were only due to be released on SENS at 08:00 on Thursday morning.
Mzi Malunga, managing director of BDFM, said in a statement on Wednesday evening that, "due to a communication lapse on the part of the Financial Mail, the Absa results which were intended for publication on August 06 2010 found themselves in the public domain on Wednesday (August 04)".
He said a few retail outlets in Johannesburg had received copies of the FM early.
"BDFM, publishers of the FM, regrets the early release of the publication which carried the Absa results. BDFM has taken steps to ensure that incidents like these do not re-occur.
"We would like to apologise to Absa for this error and the inconvenience it has caused them," Malunga said.
- I-Net Bridge