• Matchmaker businesses

    Multisided platforms can create huge value for society and fortunes for entrepreneurs, says Ian Mann.

  • Future imperfect

    A lack of compassion with ordinary people is crucial to SA’s failures, says Mandi Smallhorne.

  • Will Gordhan be fired?

    An economist ponders the top question concerning those who control international capital flows.

All data is delayed
See More

Pick n Pay plummets on profits warning

Oct 05 2012 15:21

Company Data


Last traded 188
Change 6
% Change 3
Cumulative volume 401654
Market cap 0

Last Updated: 25-10-2016 at 09:43. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 66
Change 0
% Change 1
Cumulative volume 80063
Market cap 0

Last Updated: 25-10-2016 at 09:41. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 189
Change 1
% Change 0
Cumulative volume 55842
Market cap 0

Last Updated: 25-10-2016 at 09:43. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Pick n Pay warns of low stock

FNB clients to get cash from tills

Vavi attacks Walmart deal

Shoprite's share price falls

Retail sector 'needs BEE charter'

New CEO for Pick n Pay

Johannesburg - Shares in Pick n Pay [JSE:PIK] fall more than 6% as the food retailer says first-half profit likely declined by as much as 40% due to intensified competition and poor availability of stock from suppliers.

Pick n Pay, which named former UK head of Tesco, Richard Brasher, as its new chief executive this week, is down 6.16% at R43.99.

Meanwhile, miners surged on bargain hunting, with shares of Anglo American [JSE:AGL] and other resource companies leading the gainers on the JSE.

A weaker rand and higher metal prices added to bullish sentiment as local mining companies benefit from a weaker rand because they sell commodities for dollars but pay most costs in rand.

Anglo shares rise 3.25% to R257.81 while shares in platinum producers add more than 2% even as labour unrest continues to close operations.

Harmony Gold [JSE:HAR] is 2.3% higher at R68.44 and AngloGold Ashanti [JSE:ANG] adds 2% to R290.54 as the weaker rand and higher dollar gold price push bullion priced in rand to record levels.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  



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
Comments have been closed for this article.

Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote