This evening’s BizNews Briefing features an inspiring interview with world surf ski champion and cancer warrior Oscar Chalupsky. Diagnosed with terminal cancer five years ago, his story of resilience will lift your spirits. We also unpack retail market trends, including Boxer’s IPO and Spar’s results, with insights from Evan Walker. Additionally, catch global perspectives on Trump’s tariff threats and local market highlights, including a strong day on the JSE.
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BizNews Reporter ___STEADY_PAYWALL___
Briefing Highlights
Lead Story: Oscar Chalupsky’s Inspirational Journey
World surf ski champion and cancer warrior, Oscar Chalupsky, shared his remarkable story. Diagnosed with cancer five years ago and given six months to live, Chalupsky defied the odds. His journey of resilience and his book, No Retreat, No Surrender, offer hope and inspiration for anyone facing hardship. The full interview will premiere tonight at 7 PM on BizNews TV.
Markets Update:
- The JSE closed strong across all indices:
- Resources: Up 1.5%
- Industrials: Up 2.5%
- Financials: Up 0.67%
- Top 40 Index: Gained 1.75%
- Currencies:
- Bitcoin at just below $97,000.
- Dollar/Rand at 18.20.
- Pound/Rand at 22.98.
- Notable Performers:
- Gainers: Karoo (+5%), Kumba (+4%), Anglo (+3.8%).
- Losers: ARK Invest (-2%), DRD Gold (-1.1%), Dischem (-1.33%).
Company Results and IPO Highlights:
- Naspers and Prosus released interim results for the six months to September, gaining 5% and 3.75% respectively.
- Alexander Forbes announced interim results and a cash dividend, closing 1.1% higher.
- Boxer IPO: Listed at R54, rallied to R66, and closed 1% softer. Evan Walker of 361 Asset Management praised the IPO and Spar’s results, with Spar closing 0.5% higher.
International Politics: Trump’s Tariff Threats
The show turned to Bloomberg and Stanlib’s chief economist Kevin Lings for insights into President Trump’s tariff threats and their global and South African implications. More updates will follow as the story unfolds.
Other Highlights:
- Investigative journalist Chris Steyn spoke with Neil de Beer from the United Independent Movement about MK’s first anniversary.
- Rory Steyn will premiere at 8 PM to discuss the Investec Rugby Championship starting Friday and the Comrades Marathon.
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