Resilient Reit Limited (RES)
- Resilient published their unaudited interim financial statements for the six months ended 31 December 2017. Their dividend per share increased by 13.4% (306.46 cents per share), NAV increased by 25.18% to R105.35, their net rental and related revenue increased by 14.85% and basic EPS increased to 2 153.18 cents (December 2016: 234.87 cents).
MTN Group Limited (MTN)
- MTN released a trading statement for the year ended 31 December 2017. They expect to report an improvement of at least 20% in both their HEPS and EPS.
- ZAR/USD : 11.89
- ZAR/GBP : 16.81
- ZAR/EUR : 14.77
JSE Top 40 Moves
Compagnie Financiere Richemont SA (CFR)
Richemont closed 60 basis points higher to close the week at R112.44. The share is now trading below the 200-day moving average at R115.21. Should the bearish momentum continue a test of horizontal support at R109.58 followed, by R102.78 can be tested. The share is trading close to oversold levels according to the oscillator.