Royal Bafokeng shares up

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JSEPic INLSA The JSE board in Sandton in Johannesburg. Photo: Leon Nicholas.

Johannesburg - Shares of Royal Bafokeng Platinum (RBPlat) rise over 2.5 percent after it said it anticipates a jump in headline earnings of at least 20 percent in its first half due to higher revenue basket prices and sustained production.

The company said headline earnings per share are expected to come in between 106 cents and 121 cents compared to 87 cents in the same period last year.

RBPlat shares are up 2.6 percent to 69.50 rand. - Reuters


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