September 14, 2011 / 1:38 PM / 6 years ago

STOCKS NEWS AFRICA-Sasfin shares down after earnings drop

STOCKS NEWS Reuters Results diary

Stocks on the move Real-time Equity News

1320GMT 14Sept11 - Sasfin declines after earnings fall

------------------------------------------------------

Shares of Sasfin Holdings decline nearly 5 percent, making it the worst performer on Johannesburg's All-Share index , after the financial services firm says full-year earnings are down 16 percent.

The South African financial services firm says diluted headline earnings per share fell 16 percent to 297 cents in the year to end-June as non-banking businesses such as property private equity suffered.

Sasfin shares are down 4.7 percent lower at 30.51 rand, although on a very low volume. The broad All-Share index is up 1.6 percent.

Reuters Messaging: helen.nyambura.thomsonreuters.com@reuters.net

0824GMT 14Sept11 - First Uranium up, lifts profit, dividend

-----------------------------------------------------------

Shares in First Uranium fall more than 3 percent in Johannesburg, albeit on low volumes, as the South Africa-focused uranium and gold miner halts Ezulwini mine operations after an accident killed an employee.

First Uranium, whose primary listing is Toronto , is off 3.33 percent at 2.90 rand.

Reuters Messaging: tiisetso.motsoeneng.thomsonreuters.com@reuters.net

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below