Pick n Pay jumps 8.1%

23 Sep 2013

Shares in Pick n Pay (PIK) stores jumped 8.1% to R45 on Friday with nearly R118m worth of shares trading‚ and Pick n Pay Holdings (PWK) jumped 5.05% to R19.75 with R5m worth of shares traded.

The most recent Sens statement from the grocery chain was issued on 25 July when it said Kagiso Asset Management raised its shareholding to over 5%.

Source: I-Net Bridge

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