The JSE and finance forum for South Africa

General Category => Shares => Topic started by: basilspanellis on December 01, 2016, 02:54:19 pm

Title: Reinet
Post by: basilspanellis on December 01, 2016, 02:54:19 pm
Why is Reinet's share price down over 5%?? :-[
Title: Re: Reinet
Post by: Moonraker on December 01, 2016, 03:17:48 pm
Why is Reinet's share price down over 5%?? :-[

Exposure to BTI - all UK stocks deriving most of their revenue from outside the UK are suffering today because of a vey strong £.
See here for more on this Pound Jumps Amid Speculation U.K. Can Reach Single-Market Deal (https://www.bloomberg.com/news/articles/2016-12-01/pound-jumps-amid-speculation-u-k-can-reach-single-market-deal)
Title: Re: Reinet
Post by: jaDEB on December 01, 2016, 03:52:10 pm
my ABINBEV also down 4%....
Title: Re: Reinet
Post by: basilspanellis on December 01, 2016, 04:02:41 pm
O yes, Reinet reports in Euros.

Thanks