MTN share price

MTN Group Ltd. (JSE: MTN) is one of the leading telecommunications companies in South Africa and across the African continent. Its stock performance on the Johannesburg Stock Exchange (JSE) is a point of interest for investors looking to capitalize on the dynamics of the telecommunications sector. This post explores MTN’s current share price, historical performance, and what investors can expect in the near future.

MTN Share Price: Current Snapshot

The MTN share price stands at R95.25, showing a marginal increase of 0.14% from the previous close of R95.11. The stock has experienced intra-day fluctuations, with a trading range between R94.32 and R96.18.

Key Market Data:

  • Opening Price: R95.10
  • Previous Close: R95.11
  • Daily Trading Volume: 2,653,853 shares
  • 52-Week Range: R70.43 – R118.00
  • Year-to-Date (YTD) Performance: -17.65%
  • 1-Year Performance: -15.56%

Recent Stock Trends

  1. Intraday Movement: MTN’s stock price has seen minor fluctuations during the trading day. The bid price is currently R95.24, while the offer price is at R95.44.
  2. Short-Term Performance:
    • Over the past 7 days, the stock has seen a 1.49% increase, signaling some positive short-term momentum.
    • Over the last 30 days, the stock has dipped by -0.93%, reflecting market volatility.
  3. Long-Term Trends:
    • Over the past 90 days, MTN shares have gained 15.02%, indicating a strong recovery from earlier lows.
    • Over the past 3 years, the stock has declined by -31.53%, a significant drop attributed to broader economic and sector-specific challenges.
  4. 5-Year Performance: Over the last five years, MTN’s stock has dipped slightly by -2.8%, illustrating some long-term stability despite the company navigating through economic challenges and regulatory pressures across different markets.

Factors Influencing MTN’s Share Price

  1. Telecommunications Industry Trends: MTN operates in a competitive environment, and shifts in consumer demand for data services, digital solutions, and mobile connectivity significantly impact its stock performance.
  2. Regulatory Changes: MTN faces ongoing regulatory challenges in several African markets, including license renewals, compliance costs, and spectrum allocation issues.
  3. Economic Conditions in South Africa and Africa: Economic instability in key markets, currency fluctuations, and inflation have affected consumer spending, directly impacting MTN’s revenue growth.
  4. Growth Initiatives: MTN has been focusing on expanding its digital offerings, including fintech services and digital platforms, which could drive future revenue and boost investor confidence.

Investor Outlook

While MTN has seen a decline of -17.65% year-to-date and -15.56% over the last year, the company’s efforts in digital transformation and expanding its service offerings present a positive long-term growth trajectory. The recent 90-day gain of 15.02% signals potential recovery, making MTN a stock to watch for investors seeking opportunities in the telecom sector.

Overview of Public Universities in South Africa

Here's an overview of some public universities in South Africa, including general admissions requirements and estimated application periods. Keep in mind, specific program requirements and dates can vary significantly, so it's important to check each university's official website for the most current information.

University of Pretoria

  • Admissions Requirements: National Senior Certificate with minimum scores in specific subjects related to the chosen program; for international students, equivalent qualifications.
  • Application Period: Usually opens in March and closes at the end of July for most programs.

University of Cape Town

  • Admissions Requirements: National Senior Certificate with pass levels required for degree study; subject-specific requirements depending on the program.
  • Application Period: Application opens in April and closes at the end of July.

Stellenbosch University

  • Admissions Requirements: National Senior Certificate with required marks; some programs have additional testing.
  • Application Period: Opens in March and typically closes at the end of June.

University of the Witwatersrand

  • Admissions Requirements: Matriculation certificate with university exemption; required scores vary by faculty.
  • Application Period: Begins in March and ends on the 30th of September.

University of Johannesburg

  • Admissions Requirements: Matric exemption with a minimum APS score; specific subject requirements based on the faculty.
  • Application Period: Opens in April and generally closes by the 30th of September.

University of the Free State

  • Admissions Requirements: National Senior Certificate with specific marks for the program applied to; additional requirements for certain courses.
  • Application Period: Typically opens in April and closes at the end of August.

University of Venda

  • Admissions Requirements: Completion of the National Senior Certificate with an endorsement for diploma or degree studies; specific APS scores needed.
  • Application Period: Usually from May to September.

University of Fort Hare

  • Admissions Requirements: National Senior Certificate with university exemption; certain programs may have specific requirements.
  • Application Period: Opens around May and closes at the end of September.

University of the Western Cape

  • Admissions Requirements: National Senior Certificate with specific performance levels; additional requirements for certain programs.
  • Application Period: Generally from May to September.

North-West University

  • Admissions Requirements: National Senior Certificate with university exemption; program-specific requirements may apply.
  • Application Period: Opens in March and usually closes by the end of August.

Rhodes University

  • Admissions Requirements: National Senior Certificate or equivalent; minimum academic performance in certain subjects.
  • Application Period: Applications open in April and close at the end of September.

Nelson Mandela University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; portfolio or additional tests for some faculties.
  • Application Period: Opens in April, with a deadline at the end of August for most programs.

Cape Peninsula University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores; additional requirements for certain courses.
  • Application Period: Opens in May and typically closes by the end of September.

University of Limpopo

  • Admissions Requirements: Senior Certificate with endorsement for diploma or degree courses; specific APS scores for different programs.
  • Application Period: From April to September.

University of Zululand

  • Admissions Requirements: National Senior Certificate with an endorsement for bachelor’s degree studies; specific score requirements for various programs.
  • Application Period: Usually between April and November.

Central University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores for the chosen field of study; additional criteria for certain programs.
  • Application Period: Application period generally starts in May and ends in October.

Vaal University of Technology

  • Admissions Requirements: National Senior Certificate with a pass that qualifies for admission to bachelor’s degree, diploma, or higher certificate programs.
  • Application Period: Typically from May to September.

Walter Sisulu University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; additional criteria for certain faculties.
  • Application Period: From April to September.

This list provides a starting point for understanding the admissions landscape across South Africa's diverse higher education institutions. Given the variability in programs and requirements, it's crucial to consult each university's website for the most accurate and up-to-date information.