Zimbabwe's Banking Services Disrupted Ahead of ZiG Launch [BNN Bloomberg (Canada)]
NEDBANK GROUP LTD S/ADR (NDBKY)
NASDAQ:AMEX Investor Relations:
nedbank.co.za/content/nedbank/desktop/gt/en/aboutus/investor-center/latest-financial-results.html
Company Research
Source: BNN Bloomberg
The ZiG, short for Zimbabwe gold, will be launched on Monday and is backed by a basket of foreign currency and gold - the latest attempt to staunch a slide in the nation's currency. ZimSwitch, the national payments platform provider, said processing of local dollar transactions across financial institutions is currently unavailable. “Normal services will be restored once financial institutions have configured the new currency,” the company said in an emailed statement. The local unit of South Africa's Nedbank Ltd. is among the lenders which said late Friday its clients will experience “system downtime.” “Our system is undergoing changes to accommodate the new ZiG currency over the weekend,” it said in a notice. Ecocash Holdings Ltd., the African nation's largest mobile money operator, said all its Zimbabwe dollar services are unavailable, while the biggest telecommunications operator, Econet Wireless Holding Ltd., has suspended trade in the old currency. Read more: Zimbab
Show less
Read more
Impact Snapshot
Event Time:
NDBKY
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
NDBKY 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
NDBKY alerts
High impacting NEDBANK GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NDBKY
News
- Nedbank Looks to Investment Banking for Growth Under New CEO [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Nedbank Looks to Investment Banking for Growth Under New CEO [BNN Bloomberg (Canada)]BNN Bloomberg
- South Africa Risks Staying on Dirty Money List, Nedbank CEO Says [Financial Post (Toronto, Ontario, Canada)]Financial Post
- South Africa Risks Staying on Dirty Money List, Nedbank CEO Says [BNN Bloomberg (Canada)]BNN Bloomberg
- South Africa's Nedbank Uses FICO Technology to Stop Financial Crime [Yahoo! Finance]Yahoo! Finance