Monday, April 14, 2025

December 6, 2013

Naspers Stocks Have Just Torn Through R1,000 Per Share

Koos Bekker’s Naspers is doing very, very well. Thanks for asking. And it’s all on the back of TenCent, and a weak Rand.

This, from Fin24:

At 10:22, Naspers shares, which gained over 80% this year, were changing hands at a new record high of R1010.98, tracking a surge in Tencent shares in Hong Kong.

Reuters reported that Tencent Holdings spiked 2.3% to a record high as investors rotated back to counters this week which had underperformed since Beijing unveiled a bold reform agenda in mid-November.

They grown 80%? Jislaaik!

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[Source : Fin24]