Thursday promises to be a busy day, with a deluge of JSE results
Investec, Sappi, Mediclinic and Oceana are among the companies scheduled to release results
Thursday is a busy day for JSE watchers, with results expected from Investec, Sappi, Mediclinic and Oceana. It is also a relatively busy day on the economics front, with Stats SA scheduled to release three more pieces to the third-quarter GDP puzzle. Stats SA will release September’s wholesale figures at 10am, motor trade sales at 11.30am and building statistics at 1pm. Investec is scheduled to release its interim results for the six months to end-September. The banking group said in a pre-close briefing statement in September that revenue was expected to be “moderately ahead of the prior period” while “costs are expected to be higher than the prior period largely driven by growth in headcount to support both activity levels and increased regulatory requirements”. Investec also announced in September that it plans to separate its asset management division into an independently listed company. Mediclinic, which operates private hospitals in Southern Africa, Switzerland, the Middle Ea...
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