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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

JSE sector moves, company results, and earnings outlook

JSE sector moves, company news and upcoming results / dividend outlook

Source: Bloomberg

JSE sector moves (25 to 29 September)

Source: IG charts
Source: IG charts

Company Results (25 to 29 September)

Capitec Bank Holdings Ltd: 1H24 results showed diluted EPS to have increased 8.9% from the same period of the prior year.

Spar Group Ltd: in its trading update from 1 October 2022 to 25 August 2023, guided that it has achieved total sales growth of 5.9% with mixed performances from the various business units.

Netcare Ltd: in its annual trading update, guided total paid patient days to have increased approximately 6.8% as compared with the previous year.

Barloworld Ltd: in its trading update or the eleven months to 31 August 2023, guided growth of 13% in EBITDA against the prior year’s comparative period.

Afrimat Limited: in its trading update or the six-month period ended 31 August 2023, expects EPS to be between 252.40c and 265.00c, as compared with 252.40c recorded in the previous year.

Attacq Ltd: FY23 results showed diluted EPS to have declined to 72.50c from 165.10c in the previous year.

Old Mutual Limited: 1H23 results, showed diluted EPS to have decreased 12.5% from the same period of the prior year.

Grand Parade Investments Ltd: FY23 results showed diluted EPS to have increased to 4.69c, from a loss per share of 0.15c in the previous year.

Ascendis Health Ltd: in its FY23 trading update, expects the loss per share from continuing operations to be between 42.50c and 51.90c, compared to a revised loss per share of 158.20c reported in the prior year.

Upcoming company results and dividends (2 to 6 October)

Date

Company

Event Type

2 October 2023

African & Overseas Enterprises Ltd

Earnings Releases

2 October 2023

Conduit Capital Ltd

Earnings Releases

2 October 2023

Rex Trueform Group Ltd

Earnings Releases

2 October 2023

Wesizwe Platinum Ltd

Earnings Releases

2 October 2023

Telemasters Holdings Ltd

Earnings Releases

2 October 2023

Northam Platinum Ltd

Earnings Releases

2 October 2023

Transcend Residential Property Fund Ltd

Earnings Releases

3 October 2023

Sasfin Holdings Ltd

Earnings Releases

3 October 2023

Equites Property Fund Ltd

Earnings Releases

3 October 2023

Newpark Reit Ltd

Earnings Releases

4 October 2023

Vunani Ltd

Earnings Releases

4 October 2023

African Rainbow Minerals Ltd

Ex-Dividends

4 October 2023

Santam Ltd

Ex-Dividends

4 October 2023

Momentum Metropolitan Holdings Ltd

Ex-Dividends

4 October 2023

Metrofile Holdings Ltd

Ex-Dividends

4 October 2023

OUTsurance Group Ltd

Ex-Dividends

4 October 2023

Motus Holdings Ltd

Ex-Dividends

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