🔴 FirstRand is trading 4.6% down today as investors take profits after yesterday's rally

FirstRand is trading at €5.15 (down 4.6%) as the stock undergoes a pullback following yesterday's sharp 8% breakout.

• The current move follows a significant rally on August 3 that saw the stock clear its recent €5.00–€4.86 trading range.
• With no fresh company-specific news or earnings and broader markets remaining flat, the decline appears to be a technical correction driven by profit-taking rather than a fundamental shift.