MTN Update: Short Term Trade Closed

Trade Idea Update on MTN Group | On Friday, MTN Group released a trading statement notifying the market that Headline Earnings Per Share would be higher by 100%. This saw the stock rally significantly, adding 10.72% by the close of the session. Friday's close of R66. 40 also managed to surpass our trade idea target price and for traders who participated, the gain from the recommended entry on 16 July was 12.8%.