The market gained three quarters of a percent last week, mostly driven by Naspers on the back on Tencent’s exceptional results. Consolidated Infrastructure fell 60% in one day last week. Tongaat reported results, and Vodacom reported results – the share was punished for a disappointing dividend. We look forward to the MPC and the credit rating agencies this week.

 

Tencent, Tongaat & Vodacom

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