South African stock alert

SAFR

CLOSING UPDATE: Adapt IT Holdings in 7th consecutive fall, nears one-month low 18 October 2017 18:58 SAST

NEWS BITES - AFRICA

This is an end of day Alert, produced after today's South African market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Adapt IT Holdings, South Africa's 4th largest computer services company by market capitalisation, slipped further on Wednesday, sliding an additional 29.0c (or 3.5%) to trade at ZAR8.0. The stock dropped 3.45% on Monday and 1.31% on Tuesday bringing its 7-day fall to 13.5%. It is now approaching its 27-day low of ZAR7.91. Compared with the FTSE/JSE- Africa Top 40 Index which rose 237.1 points (or 0.5%) in the day, this represented a relative price change of -4.0%.

TODAY'S ALERT

Afternoon Alert: Adapt IT Holdings in 7th consecutive fall, nears one-month low

18 October 2017 12:50 SAST

Adapt IT Holdings Limited (J:ADI) slipped further on Wednesday, sliding an additional 34.0c (or 4.1%) to trade at ZAR7.95. The stock dropped 3.45% on Monday and 1.31% on Tuesday bringing its 7-day fall to 14.1%. It is now testing its 25-day low of ZAR7.95.

RECENT ALERTS

CLOSING UPDATE: Adapt IT Holdings in 6th consecutive fall, nears one-month low

17 October 2017 18:58 SAST

Adapt IT Holdings, South Africa's 4th largest computer services company by market capitalisation, slipped further on Tuesday, sliding an additional 11.0c (or 1.3%) to trade at ZAR8.29. The stock decreased 1.47% on Friday and 3.45% on Monday bringing its 6-day fall to 10.4%. It is now approaching its 25-day low of ZAR7.97. Compared with the FTSE/JSE- Africa Top 40 Index which fell 203.2 points (or 0.4%) in the day, this represented a relative price change of -0.9%.

Afternoon Alert: Adapt IT Holdings in 6th consecutive fall, nears one-month low

17 October 2017 12:50 SAST

Adapt IT Holdings Limited (J:ADI) slipped further on Tuesday, sliding an additional 10.0c (or 1.2%) to trade at ZAR8.30. The stock decreased 1.47% on Friday and 3.45% on Monday bringing its 6-day fall to 10.3%. It is now approaching its a 24-day low of ZAR8.20.

Adapt IT Holdings Limited (J:ADI; JNB:ADI; SJ:ADI)

ISIN: ZAE000113163

PermID: 4295888969

Source: www.BuySellSignals.com