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July 14, 2008

Steinhoff team leads JSE buying binge

Markus Jooste and his co-directors of Steinhoff (JSE:SHF) led yet another buying charge by the directors of JSE-listed companies in the past month.

Out of more than 400 directors' dealings in the month, only 56 sold. Buyers outnumbered sellers seven to one. The trend suggests that the directors of JSE companies see their shares under-valued and the depressed market as an opportunity to buy. Jooste certainly did.

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Posted by StaffWriter at July 14, 2008 8:07 AM