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  • Stock Check: Viewing Levels For BOTSWANA DIAMONDS (BOD.L)

    September 15, 2017 3:58 AM 2

    One technical indicator that may help gauge the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for BOTSWANA DIAMONDS (BOD.L) is standing at 35.34. The ADX was created by J. Welles Wilder to help determine how strong a trend is. In general, a rising ADX line means that an existing trend is gaining

  • Broadband density Switzerland leads the way in internet connection

    September 14, 2017 12:48 PM 1

    Despite advances in technology, more than half the world’s people still have no access to the internet. Switzerland, on the other hand, has the highest proportion of fixed broadband connections in the world, apart from Monaco. “Broadband technologies are today driving substantial transformation in many development-related sectors including health, education

  • De Beers on the hunt for source of leaked price data

    September 14, 2017 11:58 AM 1

    KMPG has been hired to find the source of possible leaks of sensitive price data amid ‘rumours of information-sharing in the industry’ London/Joburg — The world’s biggest diamond producer has hired an external investigator to find the source of possible leaks of its most sensitive price data, according to people familiar with the matter. De Beers hired

  • Deal delivers debt-free DAWN

    September 14, 2017 11:43 AM 3

    Brings R325 million FDI, new technology, skills – CEO. The share price of building materials logistics group Distribution and Warehousing Network (DAWN) jumped by more than 21% on by midday on Thursday after news of a deal the will leave DAWN debt-free. DAWN CEO Edwin Hewitt told Moneyweb from Japan, where he was for the signing of the agreement that the buyer

  • FinnCap Reiterates “Buy” Rating for Gem Diamonds Limited (GEMD)

    September 14, 2017 10:51 AM 3

    Gem Diamonds Limited (LON:GEMD)‘s stock had its “buy” rating reaffirmed by equities researchers at FinnCap in a report released on Tuesday. They presently have a GBX 150 ($1.94) price objective on the stock. FinnCap’s target price suggests a potential upside of 104.08% from the stock’s previous close. GEMD has been the topic of several other research

  • Panmure Gordon Cuts Firestone Diamonds PLC (FDI) Price Target to GBX 38

    September 14, 2017 9:56 AM 3

    Firestone Diamonds PLC (LON:FDI) had its price objective decreased by Panmure Gordon from GBX 68 ($0.88) to GBX 38 ($0.49) in a research note published on Monday morning. Panmure Gordon currently has a buy rating on the stock. FDI has been the subject of a number of other research reports. Macquarie reiterated an outperform rating and issued a GBX 60 ($0.77) price

  • Northland Securities Reiterates Speculative Buy Rating for Botswana Diamonds PLC (BOD)

    September 14, 2017 9:48 AM 1

    Botswana Diamonds PLC (LON:BOD)‘s stock had its “speculative buy” rating reaffirmed by stock analysts at Northland Securities in a research report issued on Tuesday. Shares of Botswana Diamonds PLC (BOD) opened at 1.675 on Tuesday. The firm’s market capitalization is GBX 5.67 million. The company’s 50 day moving average price is GBX 1.45 and its 200-day moving

  • De Beers said to hire leak hunter to probe gem data breach

    September 14, 2017 9:39 AM 1

    London - The world’s biggest diamond producer hired an external investigator to find the source of possible leaks of its most sensitive price data, according to people familiar with the matter. De Beers hired investigators from KPMG International in South Africa to find the source of the leaks, according to the people, who asked not to be identified

  • Trading Chatter on BOTSWANA DIAMONDS (BOD.L) Shares

    September 14, 2017 3:28 AM 1

    Here we will take a look at the ADX reading on shares of BOTSWANA DIAMONDS (BOD.L). Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX was created by J. Welles Wilder to help determine how strong

  • KGK Group sets up diamond cutting unit in Russia

    September 13, 2017 10:00 AM 8

    Diamond and gemstone miners KGK Group has announced the setting up of a diamond cutting and polishing factory in Vladivostok, Russia. "KGK shall be investing 2.8 billion Russian rubles in this unit. The installed manufacturing capacity is 150,000 carats of diamonds per year," the Hong Kong headquartered KGK, which was founded in Jaipur in 1905, said in a release