Jump to content

Discovery hits 52-week high after flagging double-digit profit growth


James

Recommended Posts

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/

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...