Shoprite Holdings is trading 3.11% down now at €15.60 after profit-taking following its sharp August 12 gain.
- Its August 12 update projected continuing-operations HEPS growth of 9.7%–14.7%, supported by sales and e-commerce, rather than signaling fresh deterioration.
- Consumer staples fell 1.32% amid softer retail data and caution ahead of major retailer earnings.
- July retail sales declined 0.6%, weighing on sentiment.