Morning Note

Morning Note – 19 September 2018

SENS Summary

Comair Limited (COM)

Comair released their results for the year ended 30 June 2018.Revenue grew by 7.7%, headline earnings per share increased by 10% to 69.8 and the board declared a gross dividend of 17 cents per share.

Sibanye Gold  Limited (SGL)

The South African Competition Commission has recommended that the South African Competition Tribunal approve the proposed acquisition of Lonmin Plc.

Current Forex

  • ZAR/USD : 14.87
  • ZAR/GBP : 19.56
  • ZAR/EUR : 17.37

Top 40 Moves

Tiger Brands LTD (TBS)

Tiger Brands lost 2.84% yesterday to close at R276 a share. Key horizontal report can be found in the region of R271.55 per share. The 50-day moving average at R312.02 followed by the diagonal trendline at around R315 could act as short-term resistance levels. The share is trading close to oversold levels according to the RSI and stochastic oscillator.

 

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