South African stock alert

SAFR

CLOSING UPDATE: Vodacom Group in 2nd consecutive fall, nears a 48-month low 18 June 2018 19:02 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).

Vodacom Group, South Africa's largest telecommunication company by market capitalisation, slipped further on Monday, sliding an additional 81.0c (or 0.6%) to trade at ZAR133.74. The stock dropped 2.85% on Friday bringing its 2-day fall to 3.4%. It is now approaching its thirty-four-month low of ZAR132.52. Compared with the FTSE/JSE- Africa Top 40 Index which fell 322.8 points (or 0.6%) in the day, this represented a relative price increase of 0.03%.

TODAY'S ALERT

Afternoon Alert: Vodacom Group in 2nd consecutive fall, nears a 48-month low

18 June 2018 12:50 SAST

Vodacom Group Ltd. (J:VOD) slipped further on Monday, sliding an additional ZAR1.03 (or 0.8%) to trade at ZAR133.52. The stock dropped 2.85% on Friday bringing its 2-day fall to 3.6%. It is now approaching its thirty-four-month low of ZAR133.33.

RECENT ALERTS

CLOSING UPDATE: Vodacom Group decreases further 1.7%, led Telecommunication sector lower

15 June 2018 19:03 SAST

Vodacom Group, South Africa's largest telecommunication company by market capitalisation, has dropped 2.9% to trade at ZAR134.55 vs. the Telecommunication sector which weakened 904.4 points (or 2.1%) to 42,829.2. Representing a weighting of about 48.2% of the sector, the stock accounted for 66.4% of today's loss. The shares have underperformed 94% of the market in the past week. Compared with the FTSE/JSE- Africa Top 40 Index which fell 212.8 points (or 0.4%) in the day, this represented a relative price change of -2.4%.

Afternoon Alert: Vodacom Group decreases 1.1%, leads Telecommunication sector lower

15 June 2018 12:50 SAST

Vodacom Group Ltd. (J:VOD) has decreased 1.1% to trade at ZAR136.92 vs. the Telecommunication sector which weakened 318.8 points (or 0.7%) to 43,414.7. Representing a weighting of about 48.4% of the sector, the stock accounted for 75.6% of today's loss. The shares have underperformed 92% of the market in the past week.

Vodacom Group Ltd. (J:VOD; JNB:VOD; SJ:VOD)

ISIN: ZAE000132577

PermID: 4296325663

Source: www.BuySellSignals.com