STANDARD BANK GROUP LTD
Long

Standard Bank setting for the skies

119
Standard Bank is announced it has concluded an agreement with its controlled company, Liberty Group, to buy all the remaining shares that it doesn't own. The transaction is awaiting regulatory approval.
On the charts, SBK has been trading lower and it is approaching a minor uptrend line, which could be a turning point to the upside. The potential yield is 60-84%.

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