Technology12.09.2006

Byte Technology up almost 4%

At 12:30 the share was quoted at R13.50 – up 3.85%, or 50 cents, from its previous close.

Just as the market closed on Monday, Bytes issued a trading update saying its headline earnings per share (HEPS) for the half year ended August are expected to be between 22% and 27% higher than those of the corresponding period last year. Earnings per share are expected to be between 27% and 32% higher, it said.

BTG will publish its interim results around October 4.

Other IT shares were generally flat to slightly weaker and the Africa Technology index (J590) was down 0.25%, or almost 27 points.

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