US Federal Reserve chair Janet Yellen’s upbeat comments to congress on Tuesday lifted stocks on Wednesday morning. Asian markets trading ahead of the JSE’s opening took their cue from Wall Street where Yellen’s remarks sent the Down Jones Industrial index up 0.45% to a fresh record 20,504 points. Tokyo’s Nikkei 225 rebounded from Toshiba’s nuclear fallout on Tuesday, rising more than 1% at 6:30am Johannesburg time on Wednesday morning. Sydney’s S&P/ASX 200 index was 0.93% higher. Anglo American Platinum (Amplats) said in a trading statement on February 6 that it expected to report on Wednesday that headline earnings per share (HEPS) for the year to end-December were between R6.25 and R7.60 from 41c in 2015. Basic earnings per share (EPS) were expected to swing from a loss of R46.38 to earnings of between R2.10 and R2.55.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.