South African stock alert

SAFR

CLOSING UPDATE: Montauk Holdings Limited up 29.1% in 2 days 21 July 2017 18:57 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).

Montauk Holdings Limited extended its gains on Friday, rising an additional ZAR5.99 (or 24.0%) to trade at ZAR30.99. Trading volume was 56% of average at the end of the day. The shares have risen ZAR6.99 (or 29.1%) over the past two trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 0.1% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 1.8 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price soared 29.0% in the last week and 58.9% in the last month.

TODAY'S ALERTS

Afternoon Alert: Montauk Holdings Limited up 25.0% in 2 days

21 July 2017 12:50 SAST

Montauk Holdings Limited (J:MNK) extended its gains on Friday, rising an additional ZAR5.0 (or 20.0%) to trade at ZAR30.0. Trading volume was 26% of average so far today. The shares have risen ZAR6.0 (or 25.0%) over the past two trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 0.8% in the same period.

Morning Alert: Montauk Holdings Limited up 16.7% in 2 days

21 July 2017 10:50 SAST

Montauk Holdings Limited (J:MNK) extended its gains on Friday, rising an additional ZAR3.0 (or 12.0%) to trade at ZAR28.0. Trading volume was 25% of average so far today. The shares have risen ZAR4.0 (or 16.7%) over the past two trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 1.0% in the same period.

RECENT ALERTS

CLOSING UPDATE: Montauk Holdings Limited sank gains by 5.3%

20 July 2017 18:57 SAST

Montauk Holdings Limited traded on volume of 0.7 times average today while the price climbed ZAR1.0 (or 4.2%) to trade at ZAR25.0. Compared with the FTSE/JSE- Africa Top 40 Index which rose 161.2 points (or 0.3%) in the day, this represented a relative price increase of 3.8%.

Afternoon Alert: Montauk Holdings Limited soars 10.0%

20 July 2017 12:50 SAST

Montauk Holdings Limited (J:MNK) traded on volume of 0.3 times average so far today while the price soared ZAR2.40 (or 10.0%) to trade at ZAR26.40.

Montauk Holdings Limited (J:MNK; JNB:MNK; SJ:MNK)

ISIN: ZAE000197455

PermID: 5044170089

Source: www.BuySellSignals.com