Company Data
| Last traded |
R33,104.06 |
| Change |
R111.81 |
| % Change |
0.34% |
| Cumulative volume |
0 |
| Market cap |
R0.00 |
| Last traded |
R29,189.72 |
| Change |
R115.53 |
| % Change |
0.40% |
| Cumulative volume |
0 |
| Market cap |
R0.00 |
Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Johannesburg - South African stocks paused in their rally on Monday, as concerns that Greece may not accept the terms of its bailout deal prompted investors to cash in recent gainers such as African Rainbow Minerals.
Harmony Gold jumped 3.7% to R96.50. South Africa’s third-largest bullion producer more than doubled its quarterly profit on a weak rand and the higher gold price, blowing past market expectations.
“I’m still very concerned about Europe and I think the market is discounting that everything will be smooth sailing in Europe,” said Abri du Plessis, chief investment officer at Gryphon Asset Management in Cape Town.
“If there’s going to be a mess up there, I think we’re going to get quite a clubbing.”
The benchmark
Top 40 - (Tradeable) [JSE:J200] index fell 0.72% to 30 498.62, after last week hitting its highest since May 2008.
The broader
All Share [JSE:J203] index gave up 0.6% to 34 176.30. The All-share has hit a series of record highs this month, lifted by optimism about US recovery and growth in emerging markets.
But that bullish outlook was derailed, at least temporarily, on Monday. Greek political leaders still had not agreed to accept deeply unpopular public wage cuts and other painful measures international lenders are demanding for a second bailout.
That made it easy for cautious investors to sell some recent advancers.
African Rainbow Minerals, a diversified miner which as of Friday had gained nearly 16 percent so far this year, tumbled 2.4 percent to 193.00 rand.
Emerging markets media group Naspers, which had gained 13% so far this year as of Friday’s close, slid 3.7% to R383.31.
Shares of MTN Group dropped nearly 3% to R131.95, after a group claiming to be militants from Nigeria’s oil-producing Niger Delta region said in a statement on Sunday it was targeting South African companies such as MTN and oil firm Sacoil Holdings.
The same group said it was behind the attack on Sunday on an oil pipeline owned by Italian firm Eni.
Shares of Sacoil Holdings slid 9.5% to 57 cents.
Shares of MTN fell on Friday after it said it faced a potential lawsuit from Turkish rival Turkcell over its Iranian licence.