Thin trading volumes have hit JSE Ltd, with the company reporting a double-digit drop in interim earnings as low volatility and declining investor sentiment hurt revenue.
Trading
The civil service prides itself on being able to deliver the crazy and impossible, if ministers so ordain. It even managed to introduce a poll tax for Margaret Thatcher, and to somehow keep it going for three years in the face of riots. But it’s increasingly clear that Brexit may be an impossibility too far, even for Whitehall’s brightest and best.
Myer has revealed its deputy CEO, chief merchandise and customer officer, Daniel Bracken, is leaving the company amid ongoing tough retail trading conditions.
Asian shares were mixed Friday in muted trading after the European Central Bank announced no changes to its stimulus policies.
Nostra Terra Oil and Gas Company plc. (LON:NTOG) shares rose 7.46% to 1.80p after saying it will be issuing a full response to what it believes are “factual inaccuracies” made by Magnolia Petroleum PLC.
Digital media and social video business Brave Bison announced on Wednesday that it has appointed Claire Hungate as its chief executive officer as it said current trading is in line with management and market expectations.
The Financial Services Board (FSB) will question people suspected of insider trading in foreign-exchange futures contracts ahead of former finance minister Pravin Gordhan’s firing.
The U.S. trade deficit narrowed in March to the lowest level since October as both exports and imports fell. But the politically sensitive trade gap with China rose.
The Japanese government bonds remained flat Monday amid a subdued trading session that witnessed data of minimum economic significance. Also, major markets remain closed today, on the account of Easter holidays, which further lent sluggishness to the debt market.
Malaysia is succeeding in snuffing out currency speculation – now it has to deal with the fallout.
Offshore trading in ringgit non-deliverable forwards has slumped by about 70 per cent since the central bank took steps in November to deter foreign banks from trading the contracts, according to EBS BrokerTec’s electronic-trading platform.