Investing news
Latest investment headlines, research & analysis
- The USD/ZAR pair is up for the third straight day ahead of the SARB interest rate decision.
- Economists expect the bank will leave rates intact at 3.50%.
- The decision comes at a time when risk-on sentiment has pushed rand to March highs.
Stock, index & exchanges data >
Major indices
Top fallers
| Value | Change | % Change | |
|---|---|---|---|
| 6.46 | -3.27 | -33.61% | |
| 4.20 | -1.94 | -31.60% | |
| 41.77 | -10.53 | -20.13% | |
| 11.53 | -2.61 | -18.46% | |
| 27.51 | -5.28 | -16.10% |
Top risers
| Value | Change | % Change | |
|---|---|---|---|
| 1.20 | +0.15 | +14.29% | |
| 3.08 | +0.69 | +28.87% | |
| 13.36 | +2.61 | +24.28% | |
| 5.10 | +0.98 | +23.79% | |
| 11.34 | +1.93 | +20.51% |
More breaking stories
Whenever a sector starts showing signs of a bubble, that is when people usually start to leave. This is not surprising, as no one wants to be there when the bubble bursts and all assets start losing their value at a rapid pace, and the sector crashes completely. While many have started noticing the familiar bubble pattern in DeFi, Binance’s CEO thinks that the pattern will not go down the same road as with other trends. DeFi is showing sign…
In a report on Wednesday, SSE plc (LON: SSE) said that its profit in the fiscal first half came in stronger than last year. Its underlying performance, however, remained under pressure in recent months due to the Coronavirus pandemic that has so far infected more than 1.4 million people in the United Kingdom and caused over 52 thousand deaths. SSE plc slid close to 1.5% on market open on Wednesday but jumped 2.5% in the next hour. At £13.87 per s…
Bitcoin (BTC) is rapidly approaching its former ATH of $20,000 per coin, sitting just above $18,000 at the time of writing. The coin surged by nearly 18% in the last 7 days, and nearly 10% in the past 24 hours. However, this is only the situation when measuring its price against the US dollar. The coin has already gone past its old ATH against as many as seven other currencies around the world. Bitcoin price surging towards its ATH Bitcoin is onl…
Chainlink (LINK) price has advanced from $11.8 above $14.2 in less than five days and the current price stands around $13.4. The main trend of this cryptocurrency remains bullish and Chainlink is eying to $15 as the uptrend continues. Fundamental analysis: The future looks bright but there’s still a level of uncertainty surrounding the project Most of the major cryptocurrencies have advanced this week and the price of Chainlink is also supported…
Procter & Gamble (NYSE: PG) price has advanced from $111 above $148 in less than six months and the current price stands around $142. Procter & Gamble stock has found strong support above $135 but the price is still not able to surpass $150 resistance. Fundamental analysis: Fund managers still have a buy rating on Procter & Gamble The US stock market hit a record this week thanks to news from pharma company Moderna saying its prospect…
The United States Patent and Trademark Office (USPTO) has granted IBM a patent for a blockchain-powered consensus that seeks to handle transactions in multiplayer games with large user bases. A report unveiled this news on November 16, noting that the tech giant received the patent dubbed Gaming consensus protocol for blockchain on November 10. Reportedly, the patent outlines a model in which game participants, especially those in massively multi…
Coca-Cola shares (NYSE: KO) shares have advanced from $47.3 above $54.5 in less than thirty days and the current price stands around $53.4. Pharma company Moderna announced that it has a prospective vaccine which is 94.5% effective in preventing the COVID-19 and this gave a further support to Coca Cola shares. Fundamental analysis: Coca-Cola is a stable company but the price could weaken again The Coca-Cola Company is an American multinational be…
Walmart Inc. (NYSE: WMT) published its earnings report for the fiscal third quarter on Tuesday that blew past Wall Street estimates on the back of a 79% growth in e-commerce sales. Walmart slipped more than 1% in premarket trading on Tuesday but gained the entire intraday loss on market open. At £114.40 per share, the stock has recovered a little under 50% since its year to date low in March. In comparison, it had a per-share price of £89.86 at t…
Home Depot (NYSE: HD) reported its financial results for the fiscal third quarter on Tuesday that topped analysts’ estimates on the back of a 23% increase in net sales. The company said that demand for home improvement remained robust in recent months as COVID-19 kept people restricted to their homes. Home Depot said that temporary employee compensation programs that were introduced due to the ongoing COVID-19 crisis have cost it £1.28 billion so…
Kohl’s Corp (NYSE: KSS) said on Tuesday that its net sales in the fiscal third quarter came in 13.3% lower than last year as the Coronavirus pandemic continued to wreak havoc on the retail sector in recent months. Kohl’s was reported to have tripled down on active lifestyle categories last months. Kohl’s was reported more than 2% down in premarket trading on Tuesday, but the stock gained more than 10% in later hours. Including the price action, K…
