🔴 Shoprite Holdings is trading 3.09% down today after profit-taking following August 12’s 8.72% gain

Shoprite Holdings is trading at €15.70 (-3.09%), with the decline appearing to reflect profit-taking after its sharp August 12 gain.

• Its August 12 operational update projected continuing-operations HEPS growth of 9.7%–14.7%, supported by sales growth and e-commerce.
• No major company-specific announcement for August 17 was identified.
• The broader market was broadly unchanged, offering little evidence of an index-driven move.