Imperial’s Lamberti gets another vote of confidence – Ukhamba BEE shares post strong rise

Two way trade on the Equity Express OTC trading platform continues to gather momentum. The Multichoice Phutuma Nathi share schemes recorded 64 trades today with over R1.5m worth of stock changing hands.  The Scheme 2 shares are currently trading at a small premium to the Scheme 1 option. 

Imperial’s Ukhamba Holdings and Vodacom’s Yebo Yethu BEE stocks also experience good trade – their daily activity exceeding that recorded by well over half of the shares listed on the Johannesburg Stock Exchange. Ukhamba had the better of the two price-wise today closing 4.2% higher, helped perhaps by the continued positive perception around the appointment of Mark Lamberti as Imperial’s new CEO. The OTC’s biggest price mover of the day, however, was Assupol Holdings which gained 4.5%. – AH

The full list of stocks and prices is republished below.

For more information on the shares themselves and how to trade in them, click on the headlines below of recent Biznews articles:

BEE share schemes: why we need more and why they’re good for SA

Singular Systems: Changing SA’s investment landscape one BEE share trade at a time

How much are your YeboYethu shares worth?

Buy Imperial Holdings shares today at 41% discount – provided you’re Black

Welkom Yizani’s price slump on debut offers patient Black shareholders opportunity 

BEE shares closing prices on Tuesday 25 February