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Financial services group Discovery’s share price jumped by more than 4% on Thursday, following a trading statement on Sens in which it flagged an expected double-digit profit rise.

 

The stock reached a new 52-week high and closed at R155.08 – up 4.46% from the previous day.

 

The rally in Discovery’s share price is a welcome turnabout after healthcare shares weakened significantly after President Cyril Ramaphosa signed the controversial National Health Insurance (NHI) Bill into law.

 

Read the full article here: https://www.moneyweb.co.za/news/companies-and-deals/discovery-hits-52-week-high-after-flagging-double-digit-profit-growth/

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