Trading Update : 19 September 2024
Global Updates Microsoft announces massive share buyback Microsoft (MSFT-NASQ) stock climbed after the company announced a massive $60 billion share buyback, matching its largest-ever repurchase authorisation, and hiked its quarterly dividend. The software firm announced a quarterly dividend of $0.83 per share, which is a 10% increase on the previous quarter. The dividend is payable […]
Trading Update : 2 September 2024
Updates in the market. CrowdStrike, Naspers, Bidcorp, Italtile and others.
Trading Update : 27 August 2024
US job growth in the year through March is expected to be weaker than initially estimated, potentially leading to larger rate cuts by the Federal Reserve and a return of growth fears in the market. Meanwhile, it may be premature to shift away from growth stocks in anticipation of rate cuts, as historically growth stocks have outperformed value stocks in easing cycles.
Trading update : 20 August 2024
The latest market movements including notes on Tencent, SA Rand and the mining sector.
This week’s sector and stock focus
Sector focus: Steel
Stock focus: Pick n Pay