| intu Properties rallied yesterday after it confirmed it was talking to a big shareholder as well as Link, Asia's largest real estate investment trust, about backing a rights issue that it will outline alongside its results at the end of the month. While the 24 percent recovery will provide shareholders with some relief, its shares are still down 49 percent this year. The longer term picture is even more bleak. intu, laden with debt, has been affected by the uncertainty surrounding Brexit and the impact of that on the retail sector. Other sectors have also been hurt by uncertainty in Europe, as Super Group can attest. It expects to report its first earnings decline in 11 years, partly due to political uncertainty in the UK and Europe, which has seen German car making dwindle. Amongst other things, it transports vehicles so it's very much affected. More on those stories in your newsletter today, along with the results of Investec's general meeting to vote on its demerger with Investec Asset Management, which is being renamed Ninety One, and Northam Platinum's bumper first-half earnings. Meanwhile, in its latest research report, which you can find here, Ingham Analytics says the decline in the oil price is a further blow to Sasol, which has already disappointed investors with delays and cost overruns at its Lake Charles Chemicals Project in the US. Sasol's results are due out in a fortnight so if you're an investor you might want to take a look at this report first. Watch out tomorrow for interim results from Harmony Gold and finals from Textainer. Finally, balancing your retirement annuity with Section 12J investments can help you reduce your income tax or capital gains tax liabilities. Follow this link to find out more. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
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