South Africa Manufacturers Turn Upbeat as Logistic Woes Start to Ease [BNN Bloomberg (Canada)]
ABSA GROUP LTD S/ADR (AGRPY)
NASDAQ:AMEX Investor Relations:
absa.co.za/about-us/absa-bank/investor-relations
Company Research
Source: BNN Bloomberg
The overall Purchasing Managers' Index retreated back into contraction territory of 49.2 from 51.7 in February as business activity and new sales orders were hit by weaker demand, Absa Group Ltd. said on Tuesday. Analysts surveyed by Bloomberg had expected the index to edge down to 51.3. But a measure of expected business conditions in six months' time rose to 62.1 from 59.5 in February. It was likely boosted by the supplier deliveries index, which declined to a nine-month low of 54.1 from 62 points. The index is inverted, so faster deliveries result in a decline, which “during times of uncongested and unconstrained supply chains are generally seen as a negative for the sector as it means suppliers are less busy,” Absa said. Logistical challenges at state-owned Transnet SOC Ltd. have impacted deliveries to manufacturers and exports and weighed on economic growth. The number of ships waiting to berth at the Port of Durban, which handles the largest volume of sea-going traffic of
Show less
Read more
Impact Snapshot
Event Time:
AGRPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AGRPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AGRPY alerts
High impacting ABSA GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
AGRPY
News
- South Africa Factory Mood Surges to Near Two-Year High [BNN Bloomberg (Canada)]BNN Bloomberg
- South Africa Life Insurance Market, Key Trends and Opportunities, Featuring Sanlam Life, Old Mutual Life, Liberty, Discovery Life, Discovery Invest, Guardrisk Life, The Hollard Life and ABSA Group [Yahoo! Finance]Yahoo! Finance
- Angola Inflation, Growth Worries Point to Close Rate Call [Yahoo! Finance]Yahoo! Finance
- Angola Inflation, Growth Worries Point to Close Rate Call [BNN Bloomberg (Canada)]BNN Bloomberg
- African Data Center Firm Teraco to Build Out Giant Power Plant [BNN Bloomberg (Canada)]BNN Bloomberg