Flash Briefing: JSE struggles - market and stock; Lyft IPO this week; Naspers bets big; Smiles for Trump, May.
Loading player...
Ride-hailing company Lyft Inc will IPO later this week with investors seemingly undeterred at the Uber rival’s heavy annual losses which reached $911m last year.
It has been a good 48 hours for both US president Donald Trump and British prime minister Theresa May.
In South African news, the stock which accounts for 25% of the Johannesburg Stock Exchange’s SWIX index weighting and 20% of the daily trade, is to list its major assets in Amsterdam.
The JSE struggled yesterday with the overall index losing 1.3% and losers outscoring gainers by three to one.
It has been a good 48 hours for both US president Donald Trump and British prime minister Theresa May.
In South African news, the stock which accounts for 25% of the Johannesburg Stock Exchange’s SWIX index weighting and 20% of the daily trade, is to list its major assets in Amsterdam.
The JSE struggled yesterday with the overall index losing 1.3% and losers outscoring gainers by three to one.
