MTN: 8,382 +132 (+1.60%)
South African Markets - Factors to watch on Sept. 13
The following company announcements, scheduled economic
indicators, debt and currency market moves and political events
may affect South African markets on Thursday.
- Stats S.A. publishes July mining and gold production
figures. 0930 GMT
- Vukile Property Fund Annual Shareholders Meeting.
- Full Year 2018 Grand Parade Investments Earnings
- Full Year 2018 Aspen Pharmacare Holdings Earnings
- Full Year 2018 Group Five Earnings Release.
- Full Year 2018 Visual International Holdings
- Full Year 2018 Capevin Holdings Earnings Release.
SOUTH AFRICAN MARKETS
South Africa's rand firmed in late afternoon deals on
Wednesday as stronger retail sales data dimmed the spotlight on
economic growth concerns, while stocks followed global equities
Asian shares won a reprieve on Thursday as news the Trump
administration has reached out to China for a new round of trade
talks raised hopes a deal could be struck in the bitter tariff
dispute between the world's two biggest economies.
The Dow and S&P 500 ended slightly higher on Wednesday after
news of a fresh round of U.S.-China trade talks, while the
Nasdaq fell following a decline in Apple as it unveiled larger
iPhones but made just minor changes to its offerings.
Gold prices on Thursday held steady near a more than
one-week high hit in the previous session, with hopes for a new
round of U.S.-China trade talks weighing on the dollar.
For the top emerging markets news, double click on
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Some of the main stories out in the South African press:
- State pension fund to increase offshore investments.
- MTN reeling from offshore woes.
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