Investec rallies as it raises profit guidance
Group CEO Fani Titi says loan growth and high interest rates, along with the acquisition of clients, held the company in good stead
Investec, the specialist bank and wealth manager with core operations in SA and the UK, says it expects its half-year profit to be slightly higher than previously guided.
Its share price had its biggest rise in about 20 months after the release of a statement on Wednesday, up 5.86% at R112.18 and outperforming the banking sector, which rose 1.55%...
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