Sunday , January 24 2021

South African markets: factors to look on November 12



The following company announcements, scheduled economic indicators, market movements of debt and monetary market and political events may affect South African markets on Monday.

ECONOMIC EVENTS

– No important versions.

COMPANIES

– Complete year 2018 Lonmin Earnings Call.

– Q2 2019 Vodacom Group Earnings.

– Rebounds of income per year

SOUTH AFRICA MARKETS

Southern South Africa weakened online Friday with emerging market currencies as indications that the central bank of the United States maintained a path of political tightening dampened the risk demand that followed the results of the United States elections.

Stocks have fallen in large part due to the demand for moderate global risk and low consumer demand locally.

GLOBE MARKETS

Asian stocks declined on Monday as signs of softening demand in China revived anxiety about the prospects for world growth, but Saudi Arabia's plans to cut production have helped to curb oil prices.

RATE OF WALLS

Wall Street's three main stock indices lost ground on Friday after a week of recovery since October, as oil prices dropped more and more evidence that the Chinese economy slowed down.

GOLD

Gold prices rose on Monday after touching a minimum of one month in the previous session, but the metal remains under the pressure of a stronger US dollar and the expectations that the Federal Reserve is about to tighten borrowing costs.

EMERGING MARKETS

For new news on emerging markets, double-click

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Some of the main stories in the South African press:

BUSINESS DAY

– The Sanral road agency struggling to continue its activity

– The competition regulator ensures that SABC-Multichoice manages violated rules.

REPORT OF COMPANIES

– Cape Town faces 430 million rand ($ 30 million) civil claim on the World Cup stadium. ($ 1 = 14.3125 rand)

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