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Podcast: WorldWide Markets with Simon Brown
Episode: #247: Abils back
Description: Abils back Simon Shares African Bank (Abil) returns to the JSE on Wednesday as African Phoenix Investments (JSE code: AXL). I never expected that, a busted bank survives, albeit this is not the banking assets, just insurance. Top40 index at highs for the year, ya I know it early days and as Stuart reminded me on Twitter the Springboks are also unbeaten for the year. Huge trading update from Kumba Iron Ore (JSE code: KIO) as iron prices were markedly higher. Too much stuff, sell everything. Wow a huge response and all positive except for two...