JSE bourse sees share issue hitting H1 EPS

(Reuters) - South Africa's JSE bourse operator expects to post a 59-67 percent drop in first-half headline earnings per share due to the issue of shares and options to black investors and a one-off gain the previous year.

The JSE said in a statement it expected EPS in the six months to end June to fall 53-61 percent, while revenue was expected to rise 27-35 percent.


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Nedbank falls 3 pct as M&A talk wanes

(Reuters) - Shares in South Africa's fourth-biggest banking group Nedbank fell as much as 3 per cent on Tuesday as takeover talk around the group faded, traders said.

At 1253 GMT Nedbank shares were down 2.6 percent at 140 rand, having earlier hit 139.51 rand, underperforming the JSE Securities Exchange's banking sector which was 0.7 percent weaker.


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