List of Glossary Terms
| T |
The symbol for a transaction's date used by the JSE. Thus T is the date on which a transaction takes place, T+1 is the next trading day, T+n is the day after that and so on. Today the JSE guarantees... read more |
| TAIL |
The wick or tail, at one end or both, designating the high and/or low prices for the period upon which a candle is based. In order to create a candlestick chart, you must have a data set that... read more |
| TAINTED SCRIP |
Shares certificates and other securities which are fraudulent or forged. Since the advent of dematerialisation all shares have been converted to electronic records maintained by STRATE. One of... read more |
| TAKE-OVER |
The situation where one company makes an offer for some or all of the shares of another company. The offer to existing shareholders is usually pitched at a price well above the existing market... read more |
| TAKE-UP PRICE |
The price at which shares subject to a rights issue must be bought. Normally this price is below the market value of the shares, so that the rights themselves have a value. If the rights are... read more |
| TAKEOVER PANEL |
A panel of 17 people whose job it is to examine mergers and acquisitions or any transaction which might change the control of a company. The panel includes the commissioners of the Competition... read more |
| TAKING A VIEW |
This phrase has two meanings. Firstly, it can refer to an investor taking a bullish or bearish view of the market depending on whether he believes market trends will rise or fall - usually this... read more |
| TANGIBLES |
Cash equivalents of the futures contracts. |
| TARGET STOP-LOSS |
Once a share that you have bought is "in-the-money" (i.e. your stop-loss level has moved above the price you paid for the share), then you can apply a "target percentage growth line". What this... read more |
| TAS |
19 - 03 - 2020 Taste (TAS) consists of two businesses - a food franchisor and a luxury goods retailer. Taste had master franchises in Southern Africa for Starbucks and Dominoes. The Luxury... read more |
| TASTE HOLDINGS LIMITED |
19 - 03 - 2020 Taste (TAS) consists of two businesses - a food franchisor and a luxury goods retailer. Taste had master franchises in Southern Africa for Starbucks and Dominoes. The Luxury... read more |
| TAX BASE |
The group of people and companies in a country who pay tax. One of the most challenging problems of the new South Africa has been to widen the tax base to include more people. Obviously, if the... read more |
| TAX EXEMPT SAVINGS ACCOUNT |
The TFSA was brought in in 2015 to encourage people to save. It is a savings account which attracts no income tax, capital gains tax or interest tax. Each natural person can have one TFSA into... read more |
| TAX-DEFERRED |
In which an investment allows an investor to postpone paying taxes on money put into the investment until the investor literally takes possession of the money invested. |
| TAXABLE INCOME |
Your taxable income is your total income for the tax year less whatever expenses you have incurred in generating that income. Once you have calculated your taxable income you can subtract any... read more |
| TBG |
09 - 04 - 2020 Tiso Blackstar (TBG) is primarily a media company with interests in South Africa and the rest of Africa. It owns iconic newsprint brands like the Sunday Times, Business Day... read more |
| TBS |
26 - 05 - 2020 Tiger Brands (TBS) is a massive diversified food producer and marketer in South Africa. It produces and sells such well-known brands at Jungle Oats, Tastic Rice, Koo, All... read more |
| TCP |
20 - 05 - 2020 Transaction Capital (TCP) is a company which specialises in financing, repairing, insuring and selling minibus taxis in South Africa. It completely dominates the entire value... read more |
| TCS |
03 - 01 - 2020 This company claims to be an IT company supplying software and administration services to municipalities and provincial governments. It has no active website and the share... read more |
| TDH |
26 - 05 - 2020 Tradehold (TDH) is a real estate investment company with property in the UK (42,7%) and Southern Africa which is 48% owned by Christo Wiese. 40% of its assets are in the UK... read more |
| TECH SHARES |
Technology shares world-wide are becoming more and more important as computers, cell phones and the internet become more powerful and ubiquitous. In America, most tech shares are listed on the... read more |
| TECHNICAL ANALYSIS |
The analysis of group investor behaviour, as reflected in the patterns of share prices and volumes, indices, exchange rates and other data streams. More commonly known as charting, this consists... read more |
| TECHNICAL ANALYSTS |
The analysis of group investor behaviour, as reflected in the patterns of share prices and volumes, indices, exchange rates and other data streams. More commonly known as charting, this consists... read more |
| TECHNICAL INDICATOR |
A technical indicator is a mathematical formula which is applied to price and volume data for shares (and other securities) to identify and isolate patterns which may then be used to predict... read more |
| TECHNICAL RECESSION |
Two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), |
| TECHNICAL RISK |
The risk inherent in the volatility of a share's price on the JSE - as opposed to the fundamental risk that the company's business will become less profitable. Obviously technical and fundamental... read more |
| TECHNICIAN |
A technician is an investor who strives to predict the future progress of a share's price by studying patterns in its past price and volume performance. Technicians study the charts of shares... read more |
| TELEGRAPHER'S EQUATION |
... read more |
| TELEMASTER HOLDINGS LIMITED |
06 - 04 - 2020 Telemasters (TLM) is a company which supplies voice, data and cloud communications using fixed line, fixed cellular, fixed data and PBX services. It has three divisions -... read more |
| TELKOM SA SOC LTD |
23 - 06 - 2020 Historically, Telkom (TKG) was the government-controlled provider of fixed line telephone connectivity in South Africa. With the advent of cell phones, Telkom was forced to... read more |
| TERM INSURANCE |
Insurance which is aimed at covering you for a specific risk like your death or disability or the theft of your car or a house fire. This is as opposed to endowment insurance which is a type... read more |
| TERM STRUCTURE |
Also known as yield curve. The slope of the term structure is the yield on long-term government bonds minus the yield on short-term instruments such as Treasury bills. |
| TEX |
30 - 06 - 2020 Texton (TEX) is a small real estate investment trust (REIT). The company owns retail, industrial and office properties, 58,5% of which are in South Africa and the balance... read more |
| TEXTAINER GROUP HOLDINGS |
11 - 05 - 2020 Textainer (TXT) is one of the world's largest lessors of containers with 3,5m twenty-foot-equivalent... read more |
| TEXTON PROPERTY FUND LTD |
30 - 06 - 2020 Texton (TEX) is a small real estate investment trust (REIT). The company owns retail, industrial and office properties, 58,5% of which are in South Africa and the balance... read more |
| TFG |
19 - 06 - 2020 The Foschini Group (TFG) is an international retailer of 28 fashion brands. It has outlets in 32 countries around the world. It has a division in London and one in Australia,... read more |
| TFSA |
The TFSA was brought in in 2015 to encourage people to save. It is a savings account which attracts no income tax, capital gains tax or interest tax. Each natural person can have one TFSA into... read more |
| THA |
26 - 05 - 2020 Tharisa (THA) is a mining company that mines and beneficiates platinum group metals (PGMs) and chrome. The company is listed in London and on the JSE. The Tharisa mine on... read more |
| THARISA PLC |
26 - 05 - 2020 Tharisa (THA) is a mining company that mines and beneficiates platinum group metals (PGMs) and chrome. The company is listed in London and on the JSE. The Tharisa mine on... read more |
| THE BIDVEST GROUP LTD |
06 - 06 - 2020 Bidvest (BVT) is a highly diversified South African company with dozens of subsidiaries. Its most notable investments are 66% of Bidvest Namibia which also owns a large property... read more |
| THE EFFICIENT GROUP LIMITED |
25 - 11 - 2019 The Efficient Group (EFG) is an asset management and financial services group managed by well-known economist, Dawie Roodt (who is also a 5,7% shareholder). It is involved... read more |
| THE FOSCHINI GROUP LTD |
19 - 06 - 2020 The Foschini Group (TFG) is an international retailer of 28 fashion brands. It has outlets in 32 countries around the world. It has a division in London and one in Australia,... read more |
| THE MINERALS COUNCIL OF SA |
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 |
| THE SPAR GROUP LIMITED |
20 - 05 - 2020 Spar (SPP) runs a chain of supermarkets across Southern Africa with 2349 stores. It also operates the Build-It chain in hardware and building materials and the Tops Liquor... read more |
| THETA |
The measurement of the time decay of a position. |
| THINLY TRADED |
A term used to describe a share which has a very small number of shares changing hands each day. The first criteria which a private investor should look at when assessing a share is its average... read more |
| THREE BUDDHA TOP |
A charting formation at the top of a cycle. The price chart forms three peaks the middle one of which is the highest. The "left shoulder" is generally reckoned to be where the "smart" money sells... read more |
| THREE MOUNTAINS TOP |
A top reversal signal in technical analysis which signals the end of a well established uptrend. The formation occurs when the price chart of a share or another security forms three peaks at... read more |
| THREE RIVER BOTTOM |
A technical analysis formation used to predict the bottom of a downward trend. Triple bottoms are quite rare in charting and they indicate a very strong base for upward movement. The pattern... read more |
| THREE TIMES VOLUME RULE |
Probably the most important criteria for you as a private investor when looking at which shares to purchase, this rule requires that you assess whether a security has sufficient volume traded... read more |
| THRUST |
A comparison between the price difference of successively lower pivot bottoms or higher pivot tops. For example, a reduction in the difference between pivot bottoms shows loss of momentum; an... read more |
| TICK |
A short horizontal line off a bar chart showing the opening price (to the left) or the closing price (to the right). |
The number of stocks whose last trade was an uptick or a downtick. |
| TICK SIZE |
A short horizontal stroke on a bar graph showing the price at which the share closed. |
| TIGER BRANDS LTD |
26 - 05 - 2020 Tiger Brands (TBS) is a massive diversified food producer and marketer in South Africa. It produces and sells such well-known brands at Jungle Oats, Tastic Rice, Koo, All... read more |
| TIGHTLY HELD |
A term used to describe a share which has a very small number of shares changing hands each day. The first criteria which a private investor should look at when assessing a share is its average... read more |
| TIME AND SALES |
Official exchange transcript of the prices at which a futures contract traded, as well as the precise times at which such trades occurred. |
| TIME SERIES |
A term used to describe a list of numerical data accumulated at regular periodic intervals. The daily or weekly closing price of shares is a time series. |
| TIME SERIES MOVING AVERAGE |
A time series moving average is not really a moving average in the strictest sense. It draws a line which is the end of a regression line. A regression line is a line through a set of points... read more |
| TIME VALUE |
The difference between the premium paid for an option and the intrinsic value. As the option approaches expiration, the time value erodes, eventually to zero. |
| TIME VALUE DECAY |
A term which describes the fact that the time value of an option diminishes as the option approaches the expiry date. Time value decay follows a negative exponential curve, which is to say that... read more |
| TIP |
If you talk about the stock market socially with your friends and colleagues at work, you will certainly get tips on what to buy and what to sell from time to time. The person who gives it... read more |
| TIP SHEET |
A newsletter, which concentrates on giving its readers hot tips regarding which share to buy and sell and when to transact. Such letters should be followed with caution, and their advice used... read more |
| TISO BLACKSTAR GROUP LIMITED |
09 - 04 - 2020 Tiso Blackstar (TBG) is primarily a media company with interests in South Africa and the rest of Africa. It owns iconic newsprint brands like the Sunday Times, Business Day... read more |
| TKG |
23 - 06 - 2020 Historically, Telkom (TKG) was the government-controlled provider of fixed line telephone connectivity in South Africa. With the advent of cell phones, Telkom was forced to... read more |
| TLM |
06 - 04 - 2020 Telemasters (TLM) is a company which supplies voice, data and cloud communications using fixed line, fixed cellular, fixed data and PBX services. It has three divisions -... read more |
| TMT |
04 - 05 - 2020 Trematon (TMT) is an investment holding company with subsidiaries, joint ventures and associate companies, mostly in the Western Cape. The company also invests in listed and... read more |
| TOKYO STOCK EXCHANGE |
The stock exchange of Japan. The Nikkei index of the 225 largest companies trading on the TSE gives a very good idea of the performance of this market. The TSE opens in the early morning South... read more |
| TON |
18 - 06 - 2020 Tongaat (TON) is two businesses - land development and sugar. The company owns 17600 hectares of land of which 9100 hectares along the Natal coast can be developed. The property... read more |
| TONGAAT-HULLET LTD |
18 - 06 - 2020 Tongaat (TON) is two businesses - land development and sugar. The company owns 17600 hectares of land of which 9100 hectares along the Natal coast can be developed. The property... read more |
| TOO LATE TO CANCEL |
When a trader attempts to modify or replace an order that has already been executed but not yet reported as having been filled, the order is said to be too late to cancel. |
| TOP |
The highest point on a share price or other graph over a defined period. Obviously, as a private investor, you will be trying everything you know to determine the moment at which a share's price... read more |
| TOP 40 INDEX |
An index of the 40 biggest companies trading on the JSE. This index is weighted for the market capitalisation of the companies it includes and also their "free float". It is one of five "headline"... read more |
| TOP DOWN |
An approach to financial analysis which begins with a company's financial statements and attempts to assess how the company is doing based on what they contain. As opposed to a bottom-up approach... read more |
| TOP FORMATION |
A term used in technical analysis to describe a formation at the top of a trend which signals that the trend is likely to change and become a downward trend. Examples of such formations include... read more |
| TOP REVERSAL SIGNAL |
A term used in technical analysis to describe a formation at the top of a trend which signals that the trend is likely to change and become a downward trend. Examples of such formations include... read more |
| TOR |
Torre (TOR) is an industrial company which operates through various divisions. Torre itself supplies a range of branded products such as Gabriel, Autolite, Textar and High-lift to companies in... read more |
| TORRE INDUSTRIES LIMITED |
Torre (TOR) is an industrial company which operates through various divisions. Torre itself supplies a range of branded products such as Gabriel, Autolite, Textar and High-lift to companies in... read more |
| TOTAL CLIENT SERVICES LIMITED |
03 - 01 - 2020 This company claims to be an IT company supplying software and administration services to municipalities and provincial governments. It has no active website and the share... read more |
| TOTAL EQUITY |
Money balance figure calculated by adding futures open trade equity (the gain or loss on open futures positions) to cash balance.
|
| TOUCH POINTS |
A touch point is a the point on a chart where the share (or other data stream) touches a trendline. The more touch points that a trendline connects the more reliable it becomes. Consider the... read more |
| TOWER BOTTOM |
A candlestick reversal signal which is the opposite of the tower top formation. The Tower Bottom, also call the Spike Bottom, takes form beginning with a long red candle followed by three or... read more |
| TOWER PROPERTY FUND LIMITED |
08 - 06 - 2020 Tower (TWR) is a diversified property company which owns 43 properties worth approximately R5bn in South Africa and Croatia (6 properties accounting for 32% of the portfolio).... read more |
| TOWER TOP |
A candlestick top reversal signal formed at the top of a well established trend in an uncertain market. The Tower Top, also call the Spike Top, takes form beginning with a long green candle followed... read more |
| TPC |
28 - 02 - 2020 Transpaco (TPC) is a small manufacturer of paper and plastic packaging. It is also involved in re-cycling. The overriding problem with this share is that it is very thinly... read more |
| TPF |
17 - 06 - 2020 Transcend (TPF) is an Alt-X listed real estate investment trust (REIT) which specialises in residential property. It listed at the start of 2016, but is exceedingly thinly... read more |
| TRADABLE INDEX |
An index which can be traded through some type of derivative contract such as a futures contract. Derivative instruments like futures enable investors to buy or sell various JSE indexes either... read more |
| TRADE ACCOUNT |
This, together with the Capital Account make up the Balance of Payments. The Trade Account shows the country's exports minus its imports - are we selling more to overseas people than they are... read more |
| TRADE SURPLUS |
The trade account shows the value of South Africa's merchandise exports minus its merchandise imports. If the exports exceed the imports during a particular period, then the account is said to... read more |
| TRADE UNION |
The trade union movement in South Africa has become a major force since the advent of democracy in 1994. The union movement was an important component of the ANC's gaining power and the labour... read more |
| TRADEABILITY |
The ease with which a share can be traded. Some shares are free-dealing and highly tradeable, others are tightly held. |
| TRADEHOLD LIMITED |
26 - 05 - 2020 Tradehold (TDH) is a real estate investment company with property in the UK (42,7%) and Southern Africa which is 48% owned by Christo Wiese. 40% of its assets are in the UK... read more |
| TRADING ASSETS |
Usually taken as the company's debtors and stock - in other words, the assets which are normally tied up in the direct running of the business. |
| TRADING BANDS |
Lines plotted in and around the price structure to form an envelope, answering whether prices are high or low on a relative basis and forewarning whether to buy or sell by using indicators to... read more |
| TRADING DAY |
A normal business day during which trades can be made on the JSE - usually from 9am until 5pm. There are approximately 250 trading days in the year and 22 on average per month. End-of-day's data... read more |
| TRADING DENSITY |
A term used to describe the ratio of sales to floor space in shopping malls. Real estate investment trusts (REIT) that own shopping malls watch the trading density in those shopping malls closely.... read more |
| TRADING FLOOR |
A large room where stockbrokers gather during specific hours every working day to trade shares and other instruments on behalf of their clients and for their own account. There are very few trading... read more |
| TRADING IDEA |
A strategy for making money from an investment. This can be as simple as buying a share which you think is going to go up, to complex strategies involving the use of derivative instruments and... read more |
| TRADING RANGE |
The difference between the high and low prices traded during a period of time; in commodities, the high/low price limit established by the exchange for a specific commodity for any one day's... read more |
| TRADING STATEMENT |
Listed companies are required by the JSE rules to publish on the Stock Exchange News Service a statement which gives an indication of their financial results which are about to be published.... read more |
| TRADING STRATEGY |
A pre-determined concrete plan for buying and selling which does not rely on any abstract or subjective input. So, for example, you may decide to buy a certain share when its price moves above... read more |
| TRAILING STOP ORDER |
This special order type allows the trader to profit from favourable movement in the market while having the protection of a Stop order. But it frees the trader from having to constantly monitor... read more |
| TRANS HEX GROUP LIMITED |
04 - 07 - 2019
Trans Hex (TSX) is one of the longest standing diamond-mining operations listed on the JSE with more than 50 years in the business. For most of its life, Trans Hex mined diamonds... read more |
| TRANSACTION CAPITAL LIMITED |
20 - 05 - 2020 Transaction Capital (TCP) is a company which specialises in financing, repairing, insuring and selling minibus taxis in South Africa. It completely dominates the entire value... read more |
| TRANSCEND RES PROPERTY FUND LTD |
17 - 06 - 2020 Transcend (TPF) is an Alt-X listed real estate investment trust (REIT) which specialises in residential property. It listed at the start of 2016, but is exceedingly thinly... read more |
| TRANSFER AGENT |
Financial institution that manages ownership records of company stock. |
| TRANSFER FUNCTION |
The mathematical relationship between the output of a control system and its input for a linear system, it is the Laplace transform of the output divided by the Laplace transform of the input... read more |
| TRANSFER PRICING |
A method of moving profits out of a high-tax regime into a low tax regime, used by multinational companies with subsidiaries or business interests in a variety of countries. By selling product... read more |
| TRANSFORM |
A process to change or convert. For example, a simple moving average is a filter to reduce noise; the moving average is the transform function.
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| TRANSPACO LTD |
28 - 02 - 2020 Transpaco (TPC) is a small manufacturer of paper and plastic packaging. It is also involved in re-cycling. The overriding problem with this share is that it is very thinly... read more |
| TRE |
06 - 04 - 2020 Trencor's (TRE) primary asset is 47,78% of Textainer, a US listed renter of shipping containers (Twenty-foot units or TEUs). It should be noted that Trencor spent R100m buying... read more |
| TREASURY BILLS |
Instruments for short-term borrowing employed by governments. The bills are issued by tender to the money market. |
| TREASURY SHARES |
Shares of a company which it has bought back from shareholders. Treasury shares are normally destroyed, thereby reducing the number of shares which the company has in issue and so benefiting... read more |
| TRELLIDOR HOLDINGS LIMITED |
06 - 06 - 2020 Trellidor (TRL) is a manufacturer of barrier security products, blinds and security shutters since 1976. The company is divided into the Trellidor business (security barriers)... read more |
| TREMATON CAPITAL INVESTMENTS LIMITED |
04 - 05 - 2020 Trematon (TMT) is an investment holding company with subsidiaries, joint ventures and associate companies, mostly in the Western Cape. The company also invests in listed and... read more |
| TRENCOR LTD |
06 - 04 - 2020 Trencor's (TRE) primary asset is 47,78% of Textainer, a US listed renter of shipping containers (Twenty-foot units or TEUs). It should be noted that Trencor spent R100m buying... read more |
| TREND |
The general drift, tendency or bent of a set of statistical data as related to time. There are two types of primary trend - "bull trends" which are upwards and "bear trends" which are downwards.... read more |
| TREND DAY |
A day in which the price of a futures contract moves consistently away from the opening range and does not return to the opening range prior to the close. |
| TREND FOLLOWING |
Moving in the direction of the prevailing price movement. |
| TREND LINE |
A line joining the high points on a bear trend and the low points on a bull trend. When the price breaks through the trend line this gives a trading signal. This is probably the simplest, but... read more |
| TRENDING MARKET |
Price moves in a single direction, generally closing at an extreme for the day. |
| TRENDLESS |
Price movement that vacillates to the degree that a clear trend cannot be identified. |
| TRI-STAR |
A candlestick formation consisting of three consecutive doji candles found at either the top or bottom of a trend which signal the reversal of the trend. This is a very rare formation and should... read more |
| TRIANGLE FORMATION |
A charting pattern that exhibits a series of narrower price fluctuations over time; top and bottom boundaries need not be of equal length. Trendlines are usually drawn along the upper highs and... read more |
| TRIANGULAR MOVING AVERAGE |
A moving average in which each day's data are multiplied by a weight that increases in value at steady increments to a peak value and then declines to zero at equivalent increments. The sum of... read more |
| TRIN |
Also known as TRading INdex (TRIN): An advance/decline stock market indicator. A reading of less than 1.0 indicates bullish demand, while greater than 1.0 is bearish. The index is often smoothed... read more |
| TRIPLE BOTTOM FORMATION |
A technical analysis formation used to predict the bottom of a downward trend. Triple bottoms are quite rare in charting and they indicate a very strong base for upward movement. The pattern... read more |
| TRIPLE TOP FORMATION |
A top reversal signal in technical analysis which signals the end of a well established uptrend. The formation occurs when the price chart of a share or another security forms three peaks at... read more |
| TRL |
06 - 06 - 2020 Trellidor (TRL) is a manufacturer of barrier security products, blinds and security shutters since 1976. The company is divided into the Trellidor business (security barriers)... read more |
| TRU |
28 - 05 -2020 Truworths (TRU) is a clothing, footwear and accessories retailer that operates in Southern Africa and the UK, and is listed on the JSE and the Namibian Stock Exchange. It makes... read more |
| TRUE RANGE |
The largest of the following: Today's high minus today's low, today's high minus yesterday's close, today's low minus yesterday's close. |
| TRUE STRENGTH INDEX |
A momentum indicator developed by William Blau that double-smoothes the ratio of the market momentum to the absolute value of the market momentum. |
| TRUSTCO GROUP HOLDINGS LIMITED |
31 - 12 - 2019 Trustco (TTO) is a financial services group operating out of Namibia and controlled by its CEO, Dr. Q. van Rooyen who holds just over 50% of the shares. The company has three... read more |
| TRUWORTHS INTERNATIONAL LTD |
28 - 05 -2020 Truworths (TRU) is a clothing, footwear and accessories retailer that operates in Southern Africa and the UK, and is listed on the JSE and the Namibian Stock Exchange. It makes... read more |
| TSE |
The stock exchange of Japan. The Nikkei index of the 225 largest companies trading on the TSE gives a very good idea of the performance of this market. The TSE opens in the early morning South... read more |
| TSH |
04 - 06 - 2020 Tsogo (TSG) is a gaming, hotel and entertainment business which has split into separate gaming and hotel businesses in order to unlock shareholder value and to enable each... read more |
| TSOGO SUN GAMING LIMITED |
04 - 06 - 2020 Tsogo (TSG) is a gaming, hotel and entertainment business which has split into separate gaming and hotel businesses in order to unlock shareholder value and to enable each... read more |
| TSUTSUMI |
In candlestick terminology, a multiple candlestick line pattern; a major reversal signal with two opposing-color real bodies making up the pattern (also referred to as a tsutsumi). An engulfing... read more |
| TSX |
04 - 07 - 2019
Trans Hex (TSX) is one of the longest standing diamond-mining operations listed on the JSE with more than 50 years in the business. For most of its life, Trans Hex mined diamonds... read more |
| TTO |
31 - 12 - 2019 Trustco (TTO) is a financial services group operating out of Namibia and controlled by its CEO, Dr. Q. van Rooyen who holds just over 50% of the shares. The company has three... read more |
| TULIP SECTOR |
A sector that is the intense focus of speculators at the moment. |
| TURNING POINT |
The approximate time at which there is a change in trend. |
| TURNOVER |
A figure in the income statement of a company's financial statements which consists of the company's total sales or income figure. |
| TWEEZER BOTTOM |
A bottom reversal pattern comprising of at least three candles and which signals the beginning of an upward trend. The Tweezer bottom requires that the last two candles in the formation have... read more |
| TWEEZER TOP |
A top reversal candlestick formation consisting of three candles, the last two of which have the same, or nearly the same, highs. It does not matter whether these highs are shadows, bodies or... read more |
| TWIN PEAKS |
This is a new regulatory environment for the banking and financial markets, first introduced by the then Minister of Finance, Pravin Gordhan on February 2011. In terms of the twin peaks model,... read more |
| TWK INVESTMENTS LIMITED |
TWK (ZXTWI) describes itself as, "a diversified agriculture and forestry company, headquartered in Piet Retief, Mpumalanga. It operates mainly in Mpumalanga and Kwazulu-Natal, but with business... read more |
| TWO-WAY PRICE |
When both a bid and offer forex rate is quoted by the dealer. |
| TWR |
08 - 06 - 2020 Tower (TWR) is a diversified property company which owns 43 properties worth approximately R5bn in South Africa and Croatia (6 properties accounting for 32% of the portfolio).... read more |
| TXT |
11 - 05 - 2020 Textainer (TXT) is one of the world's largest lessors of containers with 3,5m twenty-foot-equivalent... read more |