Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Avusa, Capitec Bank, Jubilee Platinum: S. African Stock

Don't Miss Out —
Follow us on:

March 30 (Bloomberg) -- The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.

South Africa’s FTSE/JSE Africa All Share Index rose 340.89, or 1.1 percent, to 31,718.01 at the 5 p.m. close in Johannesburg.

Avusa Ltd. (AVU): South Africa’s second-largest media company has received a 2.7 billion rand ($393 million) or 26 rand-a-share offer from Capitau Holdings, a private equity firm. Avusa declined 20 cents, or 0.8 percent, to 24.80 rand. Mvelaphanda Group Ltd. (MVG SJ), an investment holding company with a 25.5 percent stake in Avusa, advanced 19 cents, or 6.4 percent, to 3.18 rand.

Cape Empowerment Ltd. (CAP SJ): The investment holding company said it has swung to a profit per share of 3.4 cents in the year ended December, from a loss of 1.4 cents a share a year earlier. The stock was unchanged at 23 cents.

Capitec Bank Holdings Ltd. (CPI SJ): The second-largest South African provider of unsecured loans publishes its earnings for the year ended February. The company said on Feb. 8 that it expects its earnings to rise by as much as 50 percent when compared to a year earlier. Capitec increased 1.01 rand, or 0.6 percent, to 170 rand.

The Don Group Ltd. (DON SJ): The hotel group lowered its loss to 5.2 million rand in the first half through December, from 11.5 million rand a year earlier. The shares declined 3 cents, or 13 percent, to 20 cents.

Jubilee Platinum Plc (JBL SJ): The mineral exploration company said its loss per share after one-time items narrowed to 0.76 British pence, from a restated 0.81 pence a year earlier. Jubilee fell 3 cents, or 1 percent, to 3 rand.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.