ANGGOLD:  14,106   0 (0.00%)  21/11/2018 00:00

South African Markets - Factors to watch on August 23

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.

ECONOMIC EVENTS

- No major economic releases.

COMPANIES

- South32 due to issue an earnings report

- Massmart due to release H1 results

- Woolworths due to release FY results

- Sibanye-Stillwater due to report H1 results

- Telkom annual shareholder meeting

SOUTH AFRICAN MARKETS

South Africa's rand firmed on Wednesday driven higher by a weakening dollar, while stocks firmed across the board tracking the stronger currency and other emerging markets.

GLOBAL MARKETS

Asian shares slipped on Thursday as a deadline loomed for fresh U.S. tariffs on China and amid speculation U.S. President Donald Trump's political position could be threatened by the legal woes of two former advisers.

WALL STREET

U.S. stocks were mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull-market run.

GOLD

Gold prices fell on Thursday, after hitting their highest in over a week in the previous session, as fears of another round of U.S. tariffs on China and expectations of higher interest rates lifted the dollar.

EMERGING MARKETS

For the top emerging markets news, double click on

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Some of the main stories out in the South African press:

BUSINESS DAY

- Officials: consultancy wreaked havoc at SARS

- U.S. stock market outclasses JSE

BUSINESS REPORT

- Mantashe quashes vexing mining bill (Compiled by Tiisetso Motsoeneng)

2018-08-23 07:05:10

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