The JSE All Share index is trading 0.45% into the red as talks between European Union and Greek leaders lose momentum and risk aversion again becomes the order of the day.
The resource and financial indices are both trading around 0.3% lower while the industrial index is trading 0.65% lower.
In company news, the Aveng Group released interim results in which revenue decreased 14% and headline earnings 55% as an economic slowdown in the company’s key markets have taken there toll. The Group’s two-year order book (excluding Electrix) remained flat at R32,5 billion against the comparative December period.
Curro Holdings year end results showed revenue to have increased by 52%, Headline earnings per share by 38% while cash generated grew by 133%.
Astral foods released a trading update guiding that the company expects that headline earnings per share to have increased by 120% in the interim period.
EOH Holdings announced that it has acquired Construction Computer Software for an undisclosed sum. The company has a turnover in excess of R200m across the 50 countries within which it operates.
The rand is trading at R11.65 to the dollar, R13.22 to the Euro and R17.89 to the British Pound. In commodities Gold is trading at $1222/oz, Platinum at $1193/oz and Brent Crude at $61.9/ Barrel.
