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Besides the weak trading results, the lackluster numbers also reflected weakness across a range of businesses, including its investment banking unit.
Last week, the National Discount Brokers Group, which derives the bulk of its revenue from share-trading operations, posted a first-quarter operating loss, attributing it to weak trading performance.
Like other mid-market retailers, it has suffered from weak trading.
The oddity is the spate of profits warnings and statements of weak trading from substantial companies.
That was on top of a weak trading period a year before when sales fell 3.6%.
The weak trading figures sent Kingfisher's share price down 4% to 290p.
Analysts at the stockbroker Investec said weak trading appeared to have spread throughout the energy business.
Given the traditionally weak trading performance of SAARC economies, particularly the large ones, his conclusion seems intutiive.
Sports Direct has had a difficult 2016, in which criticism of its working practices was compounded by weak trading.
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But it does not excuse troubles at home: "Although weak trading-partner growth contributed, domestic factors were an important reason why South Africa's growth has been below that of other emerging markets," the report notes.It might beggar belief that carworkers can strike for big wage increases when South Africa's economy is growing so slowly and its unemployment rate is a depressing 25%.
And Latin America still suffers from weak trade networks, he said.
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