Marshall Monteagle takes temporary R81m Covid-19 hit
Stock market volatility weighed on the investment group in its six months to end-March
29 June 2020 - 10:29
Investment holding company Marshall Monteagle, which as coffee and property interests, swung into loss in its six months to end-March as Covid-19 buffeted global stock markets.
Covid-19 caused a major but temporary reduction in stock market valuations, which lasted over the period end, the group said, resulting in a reduction of the market value of investments of $4.7m (R81m)...
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