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Worldwide Platinum Group Metals (PGM) Industry to 2024 - High Adoption of Platinum-based Medicines is Driving Growth

Worldwide Platinum Group Metals (PGM) Industry to 2024 - High Adoption of Platinum-based Medicines is Driving Growth
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SA stocks set for first weekly drop of 2021; Sasol jumps

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SA stocks set for first weekly drop of 2021; Sasol jumps
Foreigners remained net sellers of South African stocks for a seventh consecutive session Thursday, disposing of R56 million worth of shares.
By Adelaide Changole, Bloomberg
29 Jan 2021
10:43
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Image: Bloomberg
South Africaâs main stocks index was poised to halt a four-week rally that saw it post eight record closes since the start of the year and was headed for its first weekly drop of 2021.
The FTSE/JSE Africa All Share Index fell 1.4% as of 10:04 a.m. in Johannesburg, dropping for a third day this week, as weakness in miners and banks overwhelmed gains in index heavyweights Naspers and Sasol. ....

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SA stocks set for first weekly drop of 2021 while Sasol jumps

SA stocks set for first weekly drop of 2021 while Sasol jumps
orlandoecho.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandoecho.com Daily Mail and Mail on Sunday newspapers.

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South African stocks slide in seesaw start to the week

South African stocks slide in seesaw start to the week
By Adelaide Changole
(Bloomberg) – South Africa’s main stocks index declined 1% by 9:53am in Johannesburg, the biggest intraday decline in 2021, after a slump in Tencent Holdings Ltd. in Hong Kong pulled benchmark giant Naspers and its subsidiary, Prosus NV, lower.
Tencent lost as much as 6.7% in Hong Kong on Tuesday, as traders took profit after Monday’s 11% surge, which was Tencent’s biggest in almost a decade. Investors were also concerned by comments by an adviser to China’s central bank indicating that excessive liquidity and ultra-low borrowing costs were creating bubbles in the stock market. ....

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South African Stocks Post Biggest Drop This Month on Te...

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(Bloomberg)
Tencent lost as much as 6.7% in Hong Kong on Tuesday, as traders took profit after Monday’s 11% surge, which was Tencent’s biggest in almost a decade. Investors were also concerned by comments by an adviser to China’s central bank indicating that excessive liquidity and ultra-low borrowing costs were creating bubbles in the stock market.
Naspers fell 3.5% from a fresh record close, the biggest decline since Dec. 28, and causing the strongest drag on the overall market. Prosus, which holds Naspers’ 31% stake in Tencent, declined 3.3%, the biggest drop in more than two weeks.
Globally, risk sentiment took a beating as investors mulled a possible delay in the planned U.S. fiscal-relief package against a backdrop of concerns that some markets are overextended. South African stocks have spent their longest period in technically overbought territory since 2005, with the relative strength index on the benchmark index above the leve ....

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