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The Daily Update: 1 June

July 17, 2023
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FinMeUp
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FinMeUp

The latest updates from the JSE and NYSE over the past 24 hours.

 

South Africa

Afine Investments Limited- Audited Results for the year ended 28 February 2023 and Declaration of a Cash Dividend

  • Revenue increased by 29.74%
  • Distributable earnings decreased by 24.09%.
  • Basic and diluted earnings per share decreased by 90.58%.
  • Headline earnings per share decreased by 16.09%.
  • Dividend per share increased by 75.20%.
  • Net asset value per share increased by 1.97%.
  • The company has declared a cash dividend (final dividend distribution) of 20.6 cents per ordinary share.

Clicks Group Limited- Dealings in securities

  • The CEO of Clicks has purchased 15 000 shares for a total value of R3 546 358.50.

Thungela Resources Limited

  • JPMorgan Chase & Co. has sold Thungela shares and now owns 2.46% of Thungela.

 

The U.S.

Uber

  • Ford and Uber have announced a partnership today to deliver a new lease option for rideshare drivers going electric called "Ford Drive".
  • The pilot program offers flexible access to Ford Mustang Mach-Es for customized time periods & has launched in 3 California cities.

The NASDAQ100

  • The NASDAQ 100 outperformed the Dow Jones by 9.3% in May its best month compared to the Dow in over 20 years.

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