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Mondi’s profit falls
Mondi’s profit has fallen, the paper and packaging firm said on Tuesday in an interim statement.
MONDI
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Mondi says earnings for March quarter similar to Q4
Mondi said on Thursday the difficult trading conditions experienced in the latter part of 2008 had continued to impact its first quarter of this year.
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Mondi warns on profits, shares drop
Paper producer Mondi forecast a 10% to15% drop in annual underlying operating profit on Monday as a gloomier economic outlook hits business.
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Mondi signs R20,5m land-claim settlement
A R20,5-million land-claim settlement between paper and packaging giant Mondi and two recipient communities was signed on Wednesday.
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UK’s FTSE 100 helps JSE advance
A firmer United Kingdom equities market added more support to the JSE by midday on Friday, lifting the bourse after a lacklustre start. By noon, the broader all-share index had gained 0,6%. Banks collected 1,36% and financials advanced 0,65%.
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JSE firm, weaker rand drives miners
A weaker rand drove mining shares higher on the JSE by midday on Thursday, lifting the bourse 0,88% into the black. By noon, the platinum-mining index was 2,74% higher, while the gold-mining index advanced 2,36% and resources were up 2,04%. Industrials edged up 0,16%, but financials and banks were off 0,66% and 1,24% respectively.
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JSE bolstered by platinum stocks
Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted 0,7%, supported by a 3,24% advance in the platinum-mining index. Resources collected 0,94% but the gold-mining index dipped 0,87%.