PDSnet Glossary

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Definition

<p style="text-align: justify;">The Stock Exchange News Service - A news service run by the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">JSE</span> on which <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">listed</span> <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">companies</span> are required to announce everything of importance to the company - such as their <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">financials</span>, the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">dealings of directors</span> in their <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">shares</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">mergers</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">take-over</span>s, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">acquisitions</span>, and anything else which might possibly have an impact on the share's price. <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Trading statements</span>, which are published a month or more before the publication of their financials give a good indication of what the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">profit</span> is likely to be and whether it will vary by more than 20% from that of the previous <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">period</span>.</p>