Earnings results dominate the day

3 May 2018 / JSE Market Updates Posted by: Odwa Magwentshu

This Thursday session there are a number of earnings results number that will be released and one to speak of is Harmony Gold. Yesterday we had the company release an operational update to investors, in which they stated that current production was flat and only shown a one percent increase from last years numbers. The company CEO, Peter Steenkamp went further t say “Harmony's performance in the fourth quarter of FY18 will be boosted with the inclusion of Moab Khotsong and higher production at Hidden Valley where production is ramping up”. Other companies that will also be releasing earnings results today are Glencore, Montauk Energy Holdings, Old Mutual and Sibanye Gold.

All this and more in our morning market podcast:

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