Author: Nontobeko Mlotshwa
Pick n Pay Stores Ltd’s (JSE: PIK) full-year (FY24) results were a mixed bag. Group turnover grew 5.4%, but profitability plummeted, with trading profit down 87.4%. Rising expenses and shrinking…
The South African Rand (ZAR) has experienced some volatility following the release of the US Federal Reserve's meeting minutes. The hawkish tone hinting at extended periods of higher interest rates…
Astral Foods Ltd (JSE: ARL), South Africa's largest chicken producer, has defied the market's sluggishness in 2024. While its share price has witnessed a modest year-to-date gain of nearly 5%,…
The USDJPY currency pair has shown a notable uptick, trading 87 basis points higher for the week. Contrasting economic data from Japan and the U.S. primarily drives this movement. The…
The Nasdaq100 Futures (CME: NQ) have surged 11% year-to-date, establishing a fresh all-time high. This impressive rally is driven by growing expectations of a rate cut this year, spurred by…
Southern Sun Limited (JSE: SSU) has reported impressive financial results for the year ended March 2024, buoying investor confidence and propelling the share price to new heights. The company's revenue…
The GBPUSD currency pair has recently shown notable strength, trading 22 basis points higher week-to-date, following a significant 1.41% gain in the previous week. This uptrend comes amidst a backdrop…