The JSE’s gold miners may benefit on Wednesday, but other shares are likely to suffer from the "Comey memo" scandal. Gold was trading 0.5% higher at $1,243/oz on news that US President Donald Trump, during his first month in office, wrote a memo attempting to order James Comey, the Federal Bureau of Investigation (FBI) director he fired last week, to drop investigations into then National Security Adviser Michael Flynn’s Russian ties. The latest US political scandal sent Sydney’s S&P/ASX 200 index down 1% even though S&P Global Ratings affirmed Australia’s AAA rating while keeping its outlook negative. Recently listed pharmacy chain Dis-Chem said on May 5 that it expected to report on Wednesday that its headline earnings per share (HEPS) for the year to end-February would be within the range of 72.6c and 75.7c. Its initial public offering (IPO) caused its shares in issue to increase more than threefold. The dilution means the first HEPS it reports as a public company will be up to 6...
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