Trending
Advertise your job vacancies
Subscribe & Follow
Jobs
- Systems Surveillance Operator Goodwood
- Campaign Manager | Digital and Paid Social Media Cape Town
- Senior Manager: Digital Security Architect Johannesburg
- IT Director – Technology, Data & Digital Platforms Johannesburg
- Registrar Johannesburg
- Sales Manager Cape Town
- Senior Business Intelligence Analyst Johannesburg
- Public Relations Account Manager Cape Town
- Luxity Gateway Sales Assistant Durban
- Quality Controller/Quality Assurance Johannesburg
Massmart slides 11% to multi-month lows on trading update
Massmart (MSM) lost about R3bn of its market value as investors sold the stock following its weak trading update.
In a terse statement, the retailer said it expected headline earnings per share in the six months to June to drop by between 22.4% and 29.8% from a year ago.
The sell-off left the mid-cap share at about R113.80 - its weakest point since February last year.
Source: BDpro
