List of Glossary Terms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Numeric


M1
The total amount of money in the country. There are various methods for measuring the money supply, itemised and defined as "M0, M1, M2 and M3". Thus the broadest measure of the money supply... read more
 
M2
The total amount of money in the country. There are various methods for measuring the money supply, itemised and defined as "M0, M1, M2 and M3". Thus the broadest measure of the money supply... read more
 
M3
The total amount of money in the country. There are various methods for measuring the money supply, itemised and defined as "M0, M1, M2 and M3". Thus the broadest measure of the money supply... read more
 
MACD
The crossing of two exponentially smoothed moving averages that are plotted above and below a zero line. The crossover, movement through the zero line, and divergences generate buy and sell signals.... read more
 
MAIDEN DIVIDEND
The first dividend paid by a company after listing on the JSE. A company's first dividend is typically the subject of much speculation. The prospectus will give a five year projection of how... read more
 
MAIN BOARD
To be listed on the main board of the JSE a company must have at least R1m in subscribed capital in the form of at least 1 m shares. It must have a satisfactory profit history over the past 3... read more
 
MAINTENANCE MARGIN
A set minimum margin (per outstanding futures contract) that a customer must maintain in his margin account to retain the futures position. See also Margin.
 
MAJOR AUCTION
The overall trend of the market such as might be observed on a bar chart.
 
MAJORITY SHAREHOLDER
The shareholder or group of shareholders who own a controlling interest in the company - usually 50% of the voting shares plus 1 share. Obviously, the identity of the controlling shareholder... read more
 
MANAGED ACCOUNT
An account opened with a stockbroker where the client has entered into an arrangement with the stockbroker that authorises the stockbroker to conduct transactions on the client's behalf with... read more
 
MANAGED FUTURES
A fund that uses the futures market as its primary asset.
 
MANAGEMENT BUY-OUT
The acquisition of all or part of the share capital of a company by its directors and senior executives. The management is usually assisted by loans from an institution.
 
MANAGEMENT RATIOS
Financial ratios which are used to assess the management of a company's working capital. These ratios include the stock turn ratio and the debtors collection period ratio each of which measure... read more
 
MANDATE
When you open a stockbroking account you will be required to sign a mandate - which is an agreement between you and your broker which determines the extent of his control over your account. A... read more
 
MANDATORY OFFER
When one shareholder acquires more than 35% of a listed company, he is obliged by the Securities Regulation Panel to make an offer to all the shareholders of the company to acquire their shares.... read more
 
MAP
Master Plastics (MAP) is an Alt-X listed company that was spun out of Astrapak and separately listed on 24th May 2017. It is involved in manufacturing a variety of plastics for the agricultural,... read more
 
MARGIN
In stock trading, an account in which a purchase of stock may be financed with borrowed money; in futures trading, the deposit placed with the clearinghouse to assure fulfilment of the contract.... read more
 
MARGIN CALL
A call from a broker or firm to a customer, to bring margin deposits up to a required minimum level. A margin call essentially means that a customer's account equity is no longer sufficient to... read more
 
MARGINAL PRODUCER
A term usually applied to gold-mining companies with a very high cost of extraction and therefore a low margin. If their cost of extraction is close to the gold price, then very small fluctuations... read more
 
MARGINAL TAX BRACKET
The tax bracket which individuals in South Africa with the highest incomes pay. In the tax year which ends on 28th February 2018, the marginal tax bracket for individuals resident in South Africa... read more
 
marginal tax rate
The tax bracket which individuals in South Africa with the highest incomes pay. In the tax year which ends on 28th February 2018, the marginal tax bracket for individuals resident in South Africa... read more
 
MARKED TO MARKET
Calculation of the difference between the contract price and the market price.
 
MARKET ACTION
The price of trades and the volumes changing hands during the trading day. The best way to see this is to look at either a candlestick or a bar chart together with a volume histogram. These will... read more
 
MARKET APPRECIATION
The difference between what was paid for a share and its current market price. This is distinct from the realised profit, which can only occur if the share is actually sold and the money is in... read more
 
MARKET BREADTH
The extent or scope of change in share prices. Market breadth is most often measured by analysing the number of shares that advanced or declined during the period or by counting the number of... read more
 
MARKET BUBBLE
An asset bubble is a period where the price of a particular asset reaches unsustainable levels due to investor enthusiasm. Over the centuries there have been a number of famous asset bubbles.... read more
 
MARKET CAPITALISATION
The current market price of a share multiplied by the number of shares that the company has in issue. The market capitalisation of a company is the value which the market gives it at any point... read more
 
MARKET CARPETS
A feature in your Software which allows you to view the entire JSE, sector by sector, in the form of a matrix of squares with each sector represented by a square. The colour of the square indicates... read more
 
MARKET CONDUCT REGULATOR
Previously known as the Financial Services Board (FSB). The Financial Sector Conduct Authority (FSCA), newly named with the advent of the Twin Peaks mechanism, introduced on 1st April 2018, is... read more
 
MARKET CRASH
A sudden fall in stock market prices, sometimes in a single trading day, and which is usually followed by a bear trend.  This happens generally because market prices have risen to unrealistically... read more
 
MARKET MAKER
A broker or bank continually prepared to make a two-way price to purchase or sell for a security or currency.
 
MARKET NOISE
An incorrect interpretation of the market due to daily price and volume fluctuations. Volatility in the market can be smoothed out with a moving average. Usually the smaller the time period under... read more
 
MARKET ORDER
An order given to a broker with no price limitation. The broker is instructed to obtain or sell a specific number of shares "at best" - as opposed to a limit order, where the instruction is only... read more
 
MARKET PERCEPTION
The way in which the investing public in general feel about a share,  an industry or the market as a whole.  In other words, do they see a share as highly-rated or poorly-rated? Are they expecting... read more
 
MARKET PRESSURE
The constraint on a share price brought about by either buying or selling pressure. Market pressure can be either bullish or bearish, depending on whether there is more buying or selling pressure.... read more
 
MARKET RATING
The value which the market places on a share. The price of a share in relation to its most recent earnings per share are reflected in the P:E ratio and it's reciprocal, the earnings yield. Highly... read more
 
MARKET RISK
The uncertainty of returns attributable to fluctuation of the entire market as opposed to a specific share. The risk in the market as a whole is usually known as "systematic risk" while the risk... read more
 
MARKET SENTIMENT
Crowd psychology, typically a measurement of bullish or bearish attitudes among investors and traders. There is a definite "herd" effect in market sentiment where bullish or bearish sentiment,... read more
 
MARKET SHARE
The percentage of a particular market which a company controls. Companies, especially in the retail sector are constantly fighting to maintain or increase their market share. The goal is to have... read more
 
MARKET TIMING
Using analytical tools to devise "buy" and "sell" signals. Market timing is the realm of technical analysis while fundamental analysis is better for share selection.
 
MARKET VALUE
Company value determined by investors, obtained by multiplying the current price of company stock by the common shares outstanding - in other words, the market capitalisation of the share. The... read more
 
MARKET-IF-TOUCHED ORDER
An order placed much like a Limit order (buy orders should be placed below the current market price; sell orders above the current market price), but when the market touches the specified price,... read more
 
MARKET-ON-CLOSE ORDER
An order to buy or sell a futures or options contract at the prevailing market price during the closing range (usually, the last 30-60 seconds of trading). Similar to a market order in that no... read more
 
MARSHALL MONTEAGLE PLC
30 - 06 - 2020
This is an investment holding company with investments in the UK, Europe, USA, the far East and South Africa. In South Africa it is invested in food processing and logistics.... read more
 
MAS REAL ESTATE INC
01 - 06 - 2020
MAS (MSP) is a real estate investment trust (REIT) which invests in office, commercial, logistics, retail, and hospitality properties in Europe and the UK. This REIT was started... read more
 
MASSMART HOLDINGS LTD
18 - 06 - 2020
Massmart (MSM), 51% of which was bought by the international grocery chain Walmart in June 2011 for $2,5bn at a price of R148 per share, consists of Massmart itself, Massdiscounters,... read more
 
MASTER DRILLING GROUP LTD
09 - 06 - 2020
Master Drilling (MDI) is a South African company that specialises in drilling exploration and other holes for the mining industry and which has diversified into drilling for... read more
 
MASTER PLASTICS LTD
Master Plastics (MAP) is an Alt-X listed company that was spun out of Astrapak and separately listed on 24th May 2017. It is involved in manufacturing a variety of plastics for the agricultural,... read more
 
MATCHING PRINCIPLE
The accounting principle which requires that the expenses of a period are subtracted from the incomes of the same period in order to arrive at the profit or loss for that period. For example,... read more
 
MATERIAL ADVERSE CHANGE (MAC)
A material adverse change clause is included in most major contracts and allows parties to exit the contract or modify it if a something happens which significantly changes the value of the assets... read more
 
MATIF
The Marche A Terme Des Instruments Financiers exchange in Paris. MATIF SA is France's futures exchange, absorbed in the merger of the Paris Bourse with Euronext NV to form Euronext Paris. Derivatives... read more
 
MATURITY
U.S. Treasury Bills reach their face value on the maturity date. T-Bills are issued at a discount to face value and gradually increase in value until reaching the full face value on the maturity... read more
 
MAXIMUM ADVERSE EXCURSION
A historical measurement of the closed losing trades versus the closed profitable trades of a trading system. Used to determine the stop-loss level that can be used that will allow winning trades... read more
 
MAXIMUM ENTROPY METHOD
More flexible than Fourier analysis, the maximum entropy method is both a tool for spectrum analysis and a method of adaptive filtering and trend forecasting. As a tool for spectrum analysis,... read more
 
MAZOR GROUP LIMITED
15 - 04 - 2020
Mazor (MZR) is a construction company which also supplies windows and glass. The company is based in Cape Town and does structural steelworks and aluminum facades. It has... read more
 
MC MINING LIMITED
21 - 05 - 2020
MC Mining (previously "Coal of Africa") (MCZ) is a small metallurgical coal-mining company with a single producing mine (Uitkomst). Aside from Uitkomst, the company is developing... read more
 
MCG
11 - 06 - 2020
Multichoice (MCG) is a leading entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers in the world with 13,9m subscribers in 50 countries.... read more
 
MCSA
Previously known as the Chamber of Mines, this organisation represents employers in the mining industry in South Africa. Its objective is to support and promote mining in this country. It was... read more
 
MCZ
21 - 05 - 2020
MC Mining (previously "Coal of Africa") (MCZ) is a small metallurgical coal-mining company with a single producing mine (Uitkomst). Aside from Uitkomst, the company is developing... read more
 
MDI
09 - 06 - 2020
Master Drilling (MDI) is a South African company that specialises in drilling exploration and other holes for the mining industry and which has diversified into drilling for... read more
 
MEAN
The mean of a set of numbers. Averages are used extensively in the share market for the determination of market indexes and economic data. The moving average in its various forms (simple, exponential,... read more
 
MEAN DEVIATION
The average absolute value of the difference between the population of numbers and the mean.
 
MEAN RETURN
The average monthly total return of a stock. The total return is price change added to dividends.
 
MEAN REVERTING
The term adopted in academic literature for one possible state of a price series: that state when price is oscillating randomly about some (unknown) mean value. That is, it is not trending.
 
MEDIAN LINE
The line that is drawn from an extreme that bisects a line drawn through the next corrective phase after the pivot point. See Andrews Method.
 
MEDICLINIC INTERNATIONAL PLC
06- 06 - 2020
Mediclinic International (MEI) has its primary listing on the London Stock Exchange (LSE) with secondary listings on the JSE and the Namibian Stock Exchange. It has operations... read more
 
MEGAPHONE
A technical analysis formation which is the opposite of an asymmetrical triangle. The broadening formation occurs when there is uncertainty and high volatility in the market. The formation takes... read more
 
MEI
06- 06 - 2020
Mediclinic International (MEI) has its primary listing on the London Stock Exchange (LSE) with secondary listings on the JSE and the Namibian Stock Exchange. It has operations... read more
 
MEMORANDUM AND ARTICLES OF ASSOCIATION
A document required in terms of the old Companies Act which was lodged with the Registrar of Companies and which set out the relationship of a company with the outside world. In terms of the... read more
 
MEMORANDUM OF INCORPORATION
Introduced in May 2011, the Memorandum is a single document that, in terms of the new Companies Act, replaces the old memorandum and articles of association. The MOI includes details of the relationship... read more
 
MENTAL POSTURE
Mental Posture is your emotional response to the share market in general and to your shares in particular. Objectively, investing in shares should be a very scientific process. The reality is... read more
 
MENTAL STOP-LOSS
A stop-loss order kept in your head instead of instructing your broker.
 
MERAFE RESOURCES LIMITED
30 - 04 - 2020
This is a ferrochrome operation controlled by Glencore which operates mines, furnaces and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture can produce... read more
 
MERGER
This occurs where two or more companies come under the control of one, whose shareholders then become the shareholders of the companies that were merged. The Companies Act (71 of 2008) uses the... read more
 
METAIR INVESTMENTS ORD
19 - 05 - 2020
Metair (MTA) produces energy solutions (batteries) and components for the vehicle manufacturing business. It has operations in Africa and in various European and Middle East... read more
 
METROFILE HOLDINGS LIMITED
07 - 05 - 2020
Metrofile (MFL) is a company which specialises in records storage and management, image processing and backup. The company has been listed since 1995 and has a 57,4% black... read more
 
METTLE INVESTMENTS LIMITED
06 - 06 - 2020
Mettle Investments (MLE) is an Alt-X listed financial services group that was spun out of Tradehold and unbundled into a separately listed company on 23rd May 2018. Tradehold... read more
 
MFL
07 - 05 - 2020
Metrofile (MFL) is a company which specialises in records storage and management, image processing and backup. The company has been listed since 1995 and has a 57,4% black... read more
 
MICROMEGA HOLDINGS LIMITED
03 - 01 - 2020
Sebata (SEB) is an investment holding company with four divisions - software solutions, water technologies, ICT support services and consulting. Their software solutions division... read more
 
MINE RESTORATION INVESTMENT LIMITED
04 - 05 - 2020
Mine Restoration (MRI) has not traded on the JSE since July 2016. It was originally in the coal business and then it became a cash shell. More recently it has been involved... read more
 
MINIMUM SUBSCRIPTION
Section 108 (2) of the Companies Act requires the directors of a company intent on raising capital from the public by a sale of shares to determine the minimum amount of capital necessary for... read more
 
MINIMUM WAGES
These are set by the Minister of Labour in terms of the Basic Conditions of Employment Act for each industry in the economy. The problem with setting a minimum wage is that often it makes a particular... read more
 
MINING CHARTER
The constitution seeks to redress the racial imbalances of the past and in the mining industry this is achieved by the mining charter. The charter aims to have at least 26% of mining companies'... read more
 
MINOR AUCTION
The latest trend of the market, i.e., what it is doing now.
 
MINORITY INTEREST
A shareholding of less than 50% of the total issued share capital of a company. Companies work on the principle of majority rule - decisions are made by the majority of votes in the company.... read more
 
MIS-MATCH FACTOR
This is the gross profit margin which banks make on lending money to the commercial sector. It is the difference between the prime overdraft rate and the repo rate which the Reserve Bank charges... read more
 
MISMATCH FACTOR
This is the difference between the repo rate (what the Reserve Bank charges the commercial banks) and the prime overdraft rate (what commercial banks charge their best clients).  The difference... read more
 
MIT
An order placed much like a Limit order (buy orders should be placed below the current market price; sell orders above the current market price), but when the market touches the specified price,... read more
 
MIX
01 - 06 - 2020
Mix Telematics (MIX) is a company which specialises in vehicle tracking technology and has operations in South Africa, Australia, the UK, the US, Brazil, Thailand, and Romania.... read more
 
MIX TELEMATICS LTD
01 - 06 - 2020
Mix Telematics (MIX) is a company which specialises in vehicle tracking technology and has operations in South Africa, Australia, the UK, the US, Brazil, Thailand, and Romania.... read more
 
MIXED CAPITALISM
Mixed capitalism is an economic system which combines elements of capitalism and socialism. This means that consumers are given a singificant amount of freedom in the labour market and the retail... read more
 
MIXED CAPITALIST SYSTEM
Mixed capitalism is an economic system which combines elements of capitalism and socialism. This means that consumers are given a singificant amount of freedom in the labour market and the retail... read more
 
MLE
06 - 06 - 2020
Mettle Investments (MLE) is an Alt-X listed financial services group that was spun out of Tradehold and unbundled into a separately listed company on 23rd May 2018. Tradehold... read more
 
MMI
MMI is an investment and insurance financial services company, created by the merger of Momentum and Metropolitan in 2010, which focuses on the lower end of the market. The company has been performing... read more
 
MMI HOLDINGS LTD
MMI is an investment and insurance financial services company, created by the merger of Momentum and Metropolitan in 2010, which focuses on the lower end of the market. The company has been performing... read more
 
MMP
30 - 06 - 2020
This is an investment holding company with investments in the UK, Europe, USA, the far East and South Africa. In South Africa it is invested in food processing and logistics.... read more
 
MND
16 - 04 - 2020
Mondi (MNP) is a massive international paper and packaging company that started in South Africa, but now has interests in 30 countries and employs 26000 people. It has businesses... read more
 
MNK
03 - 03 - 2020
Montauk (MNK) is an American company that specialises in extracting methane from landfills, mostly in America. In December 2014, the share was trading for 200c and it is now... read more
 
MOC
An order to buy or sell a futures or options contract at the prevailing market price during the closing range (usually, the last 30-60 seconds of trading). Similar to a market order in that no... read more
 
MODERN PORTFOLIO THEORY
Investing theory in which portfolio managers estimate and manage risk and return. Modern Portfolio Theory (MPT) is based on the "random walk hypothesis" which basically maintains that it is impossible... read more
 
MODIFIED ENDOWMENT CONTRACT
Life insurance in which funds such as policy loans, assignments, pledges, and partial surrenders are considered gross income and subject to income tax.
 
MOI
Introduced in May 2011, the Memorandum is a single document that, in terms of the new Companies Act, replaces the old memorandum and articles of association. The MOI includes details of the relationship... read more
 
MOMENTUM
A time series representing change of today's price from some fixed number of days back in history. The theory here is that when a share is going up it tends to move in a trajectory like a tennis... read more
 
MOMENTUM FILTER
A measure of change, derivative or slope of the underlying trend in a time series. Implemented by first applying a low pass filter to the data and then applying a differencing operation to the... read more
 
MOMENTUM INDICATOR
A market indicator utilising price and volume statistics for predicting the strength or weakness of a current market and any overbought or oversold conditions, and to note turning points within... read more
 
MOMENTUM METROPOLITAN HOLDINGS LIMITED
26 - 05 - 2020
Momentum Metropolitan (MTM) is an insurance company listed on the JSE and the Namibian stock exchanges. It was formed by the merger of Momentum and Metropolitan in December... read more
 
MONDI LTD
16 - 04 - 2020
Mondi (MNP) is a massive international paper and packaging company that started in South Africa, but now has interests in 30 countries and employs 26000 people. It has businesses... read more
 
MONETARISM
An approach to economics developed by Milton Friedman in which he proposes that increases in the money supply have an almost direct impact on the inflation rate because the velocity of circulation... read more
 
MONETARY POLICY
Monetary policy is the control of the economy by changes in the money supply, as a result of changes in the level of interest rates, and the percentage of money that banks are required to lodge... read more
 
MONETARY POLICY COMMITTEE
A committee formed by the Reserve Bank of South Africa which meets regularly to discuss and decide on interest changes within the country. This committee is chaired by the Governor of the Reserve... read more
 
MONETARY STIMULATION
A policy implemented by the Monetary Policy Committee (MPC) of the Reserve Bank to encourage economic growth through the money supply of a country. Stimulation can be done in four principal ways... read more
 
MONEY FLOW
A number of technical indicators that incorporate volume and price action to measure buying or selling pressure.
 
MONEY MARKET
The money market does not take place at a central place; it is really a communications network which allows banks, money brokers, businesses, discount houses, the government and the Reserve Bank... read more
 
MONEY MARKET FUND
A mutual fund made up of money market instruments that are short term in nature.
 
MONEY STOP
A fixed amount of money that a market participant would lose if a stop were hit.
 
MONEY SUPPLY
The total amount of money in the country. There are various methods for measuring the money supply, itemised and defined as "M0, M1, M2 and M3". Thus the broadest measure of the money supply... read more
 
MONOPOLY
The situation where one business controls enough of the supply of a product or service to be able to force the price up by being the only supplier. A good example of this is De Beers, which has... read more
 
MONOWAVE
In Elliott wave theory, a single wave within a range of waves.
 
MONTAUK HOLDINGS LTD
03 - 03 - 2020
Montauk (MNK) is an American company that specialises in extracting methane from landfills, mostly in America. In December 2014, the share was trading for 200c and it is now... read more
 
MOODYS
This is one of the three major world-wide ratings agencies involved in rating bonds - both government and corporate. Generally, they will do an assessment of South Africa as an issuer of debt... read more
 
MOODYS INVESTORS SERVICES
This is one of the three major world-wide ratings agencies involved in rating bonds - both government and corporate. Generally, they will do an assessment of South Africa as an issuer of debt... read more
 
MORAL HAZARD
This is a term from the insurance industry which refers to the situation where an insured person may take greater than normal risks because they know that they are insured against the consequences.... read more
 
MORGAN STANLEY CAPITAL INTERNATIONAL
MSCI is an American producer and calculator of international indexes for the share market and fixed income securities. Their indexes go back to 1969. The most important of these for South African... read more
 
MORNING FIX
A fixing of the gold price in London at a fixing session. This is done by five leading bullion houses, by matching supply and demand to equalise at a certain price. There is also an afternoon... read more
 
MORNING STAR
A bottom reversal pattern in candlestick charting. According to Steve Nison, a signal that the bulls have seized control.
 
MOTUS HOLDINGS LIMITED
22 - 06 - 2020
Motus (MTH) was unbundled from Imperial (IPL) and separately listed on the JSE on 22-11-2018. It is a company that owns motor dealerships in South Africa, the UK and Australia.... read more
 
MOVING AVERAGE
An average of the most recent prices of a share progressed each trading day such that the same number of days remain in the average. The moving average is the most commonly-used technical indicator... read more
 
MOVING AVERAGE CONVERGENCE/DIVERGENCE
The crossing of two exponentially smoothed moving averages that are plotted above and below a zero line. The crossover, movement through the zero line, and divergences generate buy and sell signals.... read more
 
MOVING AVERAGE CROSSOVERS
 
MPACT LTD
24 - 06 - 2020
Mpact (MPT) is a large producer of paper and plastics packaging in Southern Africa. It recycles paper and cardboard and makes corrugated cardboard containers for a variety... read more
 
MPC
A committee formed by the Reserve Bank of South Africa which meets regularly to discuss and decide on interest changes within the country. This committee is chaired by the Governor of the Reserve... read more
 
MPT
Investing theory in which portfolio managers estimate and manage risk and return. Modern Portfolio Theory (MPT) is based on the "random walk hypothesis" which basically maintains that it is impossible... read more
 
MR PRICE GROUP LTD
26 - 06 - 2020
Mr Price (MRP) is a retailer of clothing, household goods and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price receives... read more
 
MRI
04 - 05 - 2020
Mine Restoration (MRI) has not traded on the JSE since July 2016. It was originally in the coal business and then it became a cash shell. More recently it has been involved... read more
 
MRP
26 - 06 - 2020
Mr Price (MRP) is a retailer of clothing, household goods and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price receives... read more
 
MSCI
MSCI is an American producer and calculator of international indexes for the share market and fixed income securities. Their indexes go back to 1969. The most important of these for South African... read more
 
MSCI EMERGING MARKETS INDEX
This is an index produced by Morgan Stanley Capital International covering 23 emerging markets overall indexes. Those countries are: Egypt, South Africa, Peru, Turkey, Brazil, India, Thailand,... read more
 
MSM
18 - 06 - 2020
Massmart (MSM), 51% of which was bought by the international grocery chain Walmart in June 2011 for $2,5bn at a price of R148 per share, consists of Massmart itself, Massdiscounters,... read more
 
MSP
01 - 06 - 2020
MAS (MSP) is a real estate investment trust (REIT) which invests in office, commercial, logistics, retail, and hospitality properties in Europe and the UK. This REIT was started... read more
 
MST
06 - 03 - 2020
Mustek (MST) is South Africa's largest assembler of personal computers under its brand name Mercer. It also imports a variety of computer products such as Samsung, Acer and... read more
 
MTA
19 - 05 - 2020
Metair (MTA) produces energy solutions (batteries) and components for the vehicle manufacturing business. It has operations in Africa and in various European and Middle East... read more
 
MTH
22 - 06 - 2020
Motus (MTH) was unbundled from Imperial (IPL) and separately listed on the JSE on 22-11-2018. It is a company that owns motor dealerships in South Africa, the UK and Australia.... read more
 
MTN
19 - 05 - 2020
MTN is a leading emerging market mobile operator, serving 257,3 million people (including 29m in South Africa) in 21 countries across Africa and the Middle East. MTN's three... read more
 
MTN GROUP LTD
19 - 05 - 2020
MTN is a leading emerging market mobile operator, serving 257,3 million people (including 29m in South Africa) in 21 countries across Africa and the Middle East. MTN's three... read more
 
MULTICHOICE GROUP LIMITED
11 - 06 - 2020
Multichoice (MCG) is a leading entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers in the world with 13,9m subscribers in 50 countries.... read more
 
MUR
28 - 05- 2020
Murray and Roberts (MUR) is a large South African construction company which has suffered from the sub-prime crisis and then the slump in construction spending following the... read more
 
MURRAY & ROBERTS HOLDINGS LTD
28 - 05- 2020
Murray and Roberts (MUR) is a large South African construction company which has suffered from the sub-prime crisis and then the slump in construction spending following the... read more
 
MUSTEK LTD
06 - 03 - 2020
Mustek (MST) is South Africa's largest assembler of personal computers under its brand name Mercer. It also imports a variety of computer products such as Samsung, Acer and... read more
 
MZR
15 - 04 - 2020
Mazor (MZR) is a construction company which also supplies windows and glass. The company is based in Cape Town and does structural steelworks and aluminum facades. It has... read more