South African stock alert

SAFR

CLOSING UPDATE: Group Five in 4th consecutive fall, nears one-month low 19 January 2018 18:59 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).

Group Five, South Africa's 4th largest heavy construction company by market capitalisation, slipped further on Friday, sliding an additional 48.92c (or 4.1%) to trade at ZAR11.49. The stock dropped 2.06% on Wednesday and 6.63% on Thursday bringing its 4-day fall to 19.4%. It is now approaching its 29-day low of ZAR11.12. Compared with the FTSE/JSE- Africa Top 40 Index which rose 48.2 points (or 0.09%) in the day, this represented a relative price change of -4.2%.

TODAY'S ALERTS

Afternoon Alert: Group Five in 4th consecutive fall, nears one-month low

19 January 2018 12:53 SAST

Group Five Limited (J:GRF) slipped further on Friday, sliding an additional 22.92c (or 1.9%) to trade at ZAR11.75. The stock dropped 2.06% on Wednesday and 6.63% on Thursday bringing its 4-day fall to 17.5%. It is now approaching its 28-day low of ZAR11.12.

Morning Alert: Group Five keeps sliding: down 21.0% in 4 days

19 January 2018 10:51 SAST

Group Five Limited (J:GRF) extended its slide on Friday, shedding an additional 71.92c (or 6.0%) to trade at ZAR11.26. Trading volume was 36% of average so far today. The shares have fallen ZAR2.99 (or 21.0%) over the past four trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 0.8% in the same period.

RECENT ALERTS

CLOSING UPDATE: Group Five keeps sliding: down 15.9% in 3 days

18 January 2018 18:59 SAST

Group Five, South Africa's 4th largest heavy construction company by market capitalisation, extended its slide on Thursday, shedding an additional 85.08c (or 6.6%) to trade at ZAR11.98. Trading volume was 1.8 times average at the end of the day. The shares have fallen ZAR2.27 (or 15.9%) over the past three trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 1.1% in the same period.

Afternoon Alert: Group Five tumbles 6.2%, leads Heavy construction company lower

18 January 2018 12:50 SAST

Group Five Limited (J:GRF) has tumbled 6.2% to trade at ZAR12.03 vs. the Heavy construction company which weakened 29.7 points (or 0.4%) to 6,838.3. Representing a weighting of about 6.2% of the sector, the stock accounted for 89.5% of today's loss. The shares have underperformed 98% of the market in the past week. Trading volume was 1.6 times average so far today.

Group Five Limited (J:GRF; JNB:GRF; SJ:GRF)

ISIN: ZAE000027405

PermID: 4295889145

Source: www.BuySellSignals.com