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Top News In நல்லிணக்கம் தங்கம் சுரங்க இணை Today - Breaking & Trending Today

SA stocks fall as weak miners eclipse rising banks


Adelaide Changole
Financial stock exchange market display screen board on the street
South Africa’s main stock benchmark drops for a fourth day, falling 0.2% by 9:42 a.m. in Johannesburg, with weakness in index giant Naspers Ltd, and a downturn in miners countering a resurgence in banks and gains in heavyweight Richemont.
Naspers, with an 18% weighting on the index, falls for a second day, down 0.5% to provide the biggest drag to the index, as partly owned Tencent Holdings Ltd retreats in Hong Kong.
BHP Group Ltd. (-0.7%) leads 0.4% drop in the index for mining stocks.
Sub-index for gold companies falls for a second day, down 1.9%, as the rand price of bullion drops to the lowest since March 20. ....

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Best Penny Stocks To Buy For Under $4.50? 5 To Watch Today


Penny Stocks to Buy Under $4.50: Harmony Gold Mining Co. 
Harmony Gold Mining Co. is a major mining company working on the exploration, extraction and processing of gold in Africa. This includes mining operations in both South Africa and Papua New Guinea. In addition to mining gold, the company is quite diverse and mines uranium, silver and copper. In September, HMY posted its financial results for the third quarter of 2020. While the results were somewhat disappointing, it is understandable considering the effects of the covid pandemic on mining. Regardless, HMY stock has done quite well compared to many other companies throughout 2020. One of the things to note is that gold demand usually stays quite high during times of economic turmoil.  ....

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