Different stock exchanges have different rules, as Renergen found out yesterday. The emerging helium and natural gas producer had to halt trade in its shares in Australia after an announcement on Monday didn't meet the ASX's disclosure requirements. It has now revealed the name of the global auto supplier that plans to use its helium to inflate the airbags of luxury German sedans. There was no lack of disclosure in Capitec's full-year results, from rising customer numbers to a recovery in transaction volumes and a big shift to digital banking. The country's third-biggest bank by market value has also resumed dividend payments, with a big payout that made up for the absence of an interim dividend. Construction and road-building group Raubex has also reported a recovery in second-half earnings but will still report lower profit for the year. And platinum and chrome miner Tharisa says its full-year production targets remain intact after a solid second quarter. Finally, European property owner Schroder says its sole shopping centre in Spain is likely to breach its lending covenants when it is revalued in the next couple of months. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Alibaba stock, both in New York and Hong Kong, received a boost following a ruling by the State Administration for Market Regulation in China. Ingham Analytics unpack the findings and update their view on the e-commerce giant as an investment in "Slap". Other topical notes include "Turkey shoot?", "Is there an attachment point for equities?" and "Archegos goes down, banks blow themselves up". |