Flash Briefing: Rand, SA bonds jump; Saudis unveil Aramco; Barclays bankers jailed; Coro, Sygnia, Ayo.
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Saudi Arabia’s once secretive national oil company Aramco, lifted the veil on its financials yesterday to expose that it is by some distance the biggest profit generating company on earth.
Two former employees of Barclays Bank were sentenced to jail for their roles in rigging of a European benchmark interest rate.
The South African rand rallied strongly yesterday after Friday’s non-statement from Moody’s, which simply stated that the rating was not adjusted with the next review on November 1.
It’s now four winning sessions in a row for South African shares as the JSE picked up 1.1% yesterday led higher by financial and industrial shares.
Two former employees of Barclays Bank were sentenced to jail for their roles in rigging of a European benchmark interest rate.
The South African rand rallied strongly yesterday after Friday’s non-statement from Moody’s, which simply stated that the rating was not adjusted with the next review on November 1.
It’s now four winning sessions in a row for South African shares as the JSE picked up 1.1% yesterday led higher by financial and industrial shares.
