JSE up 3,3%
Last week the JSE recovered from an oversold position to close the week with a gain of 3,3%. Financials gained 4,8% and Industrials were up 3,7%. Resources managed a gain of 1,5%.
DAX up 6,6%, CAC up 5.2%.
European markets breathed a sigh of relief as the Italian referendum failed, the Dax gained 6,6% and the CAC 5,2%. Italy was up 7,3% and Spain put in 6,5%
US Markets... ››› more
Founded back in 1918, Sanlam originated as a life insurance company. Now Sanlam provides an array of financial solutions to its clients and is one of the Johannesburg Stock Exchange's top 40 companies…
Full name: Sanlam Limited
Short name: Sanlam
Sector: Insurance – life insurance
Five top facts about Sanlam
Sanlam employs nearly 13,000 people. Sanlam has o... ››› more
Over the past week, two of the most heavily bought JSE shares by foreigners were PSG and Capitec.
This isn't a surprise as both these stocks have been on a tremendous run this year. Since around January, both companies have soared over 50% in six months.
So with the added confidence from foreign investors, this should see both stocks continue on an upward trend.
This is good news if you hold... ››› more
In a social experiment marking National Savings Month, the ‘OneRandMan' is coming to terms with the harsh reality of surviving on his salary without any access to credit.
At the beginning of the month, the OneRandMan took delivery of his salary in R1 coins. He has no access to any form of electronic payment, including debit and credit cards.
With the month coming to an end, he's finding th... ››› more
To mark National Savings Month, one man is getting in touch with his finances.
At the beginning of July, he took delivery of his salary in R1 coins. He can't use his debit cards, credit cards or any other form of electronic payment. He must pay for everything in R1 coins.
So two weeks into this social experiment, how is he getting on? Let's find out…
A social experiment examining the r... ››› more
No matter what trading strategy you have, there's no escaping the fact that you're going to lose money at some time or another in your trading career.
But how much money you lose is entirely up to you!
You see, the problem that most beginner traders have is that, they get into a trade and have no idea what they can lose compared to what they can make…
And that's why today I'm going to ... ››› more
The JSE life insurance sector is an exciting one in which some of the players have embarked upon exciting merger and acquisition (M&A), as well as restructuring activity over a number of years. Insurance is a grudge purchase. However, successful companies operating within this sector are able to structure and market their products in ways which lead the consumer into feeling as if they've been of... ››› more
Earlier today, Sanlam released its results for the six months to June. The insurer's earnings have jumped higher on the back of new business. Let's take a closer look at what the results show…
Life insurance company, Sanlam, “posted a 43% jump in first half earnings,” reports Fin24. Earnings from “new businesses in Malaysia and India” boosted the company’s performance.
The insurer... ››› more
Yesterday, Santam released its interim results. The insurer said that a high number of claims weighed on its business. Let's take a closer look at what the results revealed…
Santam, South Africa’s biggest short-term insurer, reported a “13% drop in first half earnings” yesterday, reports IOL. The insurer says that “weather-related claims put pressure on its underwriting business”.
... ››› more
No one likes to think about dying - but if you're not prepared for your death, you'll leave your family in a huge mess when your time comes. That's why drawing up a Will and getting life insurance is so important. And its big business too, as Sanlam's latest new business growth figures reveals…
“The strength of new business growth at Sanlam, South Africa’s second-biggest life insurance gr... ››› more
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