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16 OCTOBER 2021 AL CIRCLE

Hulamin’s share price jumps 25% ensuing it issued a cautionary

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The Pietermaritzburg, South Africa based company that specialises in rolled aluminium products for precision and high technology applications, Hulamin’s stock prices climbed to a 25% rise in the morning trade of 14th October 2021, following the metal company issued a cautionary that it has set foot in discussions.

Hulamin’s share price jumps 25%

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On 13th October 2021, the share price surged to a high of R3.99 after closing at R3.19.

The company exemplified: “Shareholders are advised that the company has entered into discussions which, if successfully concluded, may have a material effect on the price of the company’s securities.”

Consequently, the shareholders of the company were advised to exercise caution while dealing in the Hulamin’s securities.

Report on Global Aluminium Industry Outlook 2021

The supplier of a significant proportion of the world's ultra-high-end aluminium products, Hulamin enhanced its profit performance during H1 2021 and amid Covid-19 pandemic engendered free cash flows.

Tagged with:

Aluminium Price

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EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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