Black Friday wasn’t nearly as big as everyone thought it was going to be. US retail sales were only $12.1bn vs last year’s $12.3bn. The Alsi (-1.13%) was dragged down by Naspers which fell 3.7% after reporting results and announcing that they were doing a capital raise $2.5bn and expanding Showmax to four continents.More Info
Markets had a shocking week, falling 3.3% in 5 trading days. Mr Price (MRP) bucked the trend (+6%) after releasing high level earnings ahead of Wednesday’s results, meanwhile Gareth is horrified that a company selling corned meat can do so well on the exchange.