The JSE’s top 40 index set a fresh record of 54,351 points on Monday, with the all share index nearly beating its 60,590 record set on November 7.Hong Kong’s Hang Seng index was up 1.2%, Tokyo’s Topix index added 1% and Sydney’s S&P/ASX 200 index was up 0.3% on Tuesday morning, indicating the JSE is likely to set fresh records on Tuesday.It is a busy day for JSE watchers, with Life Healthcare, Transaction Capital, Rhodes Foods and Wescoal all scheduled to release results.Life Healthcare warned shareholders on November 13 that it expected to report on Tuesday that headline earnings per share (HEPS) for the year to end-September more than halved from the prior year’s R1.79.Its R9.7bn acquisition of UK-based diagnostic imaging firm Alliance Medical boosted revenue by up to 30%, but interest costs of R520m to finance the purchase along with a R170m impairment of its Polish subsidiary hurt profits."The Polish operations performed below expectations and significantly below last year. This...
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