The Daily Update: 1 June

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.