MTN Group Ltd. had its price estimate raised 14 percent to 165 rand at Macquarie Research from 130.21 rand, Martin Dullaart , a Johannesburg-based analyst at Macquarie, said in an e-mailed note to clients today.
OAO GMK Norilsk Nickel, the world’s largest producer of the metal, forecast the market surplus will shrink to the smallest in four years in 2014 after the Indonesian ban on ore exports.
Canadian stocks fell for the third time in four days as energy shares slid the most in almost a year after BlackPearl Resources Inc. cut its oil production forecast and crude prices declined.
Hungarian Prime Minister Viktor Orban promised “a new system” after winning elections two months ago. Bankers are finding out what he means the hard way.
The following companies may have unusual price changes in India trading . Stock symbols are in parentheses and share prices are as of the last close .
German stocks declined for a second day as investors awaited a report that may confirm the combined economy of the euro area expanded last quarter.