EOH: 2,238 -42 (-1.84%)
South African Markets - Factors to watch on March 15
The following company announcements, scheduled economic
indicators, debt and currency market moves and political events
may affect South African markets on Friday.
- No major economic events.
- Remgro Half Year 2019 Earnings Release.
- Rand Merchant Investment Half Year 2019 Earnings
- African & Overseas Enterprises Half Year 2019
- Rex Trueform Group Half Year 2019 Earnings
SOUTH AFRICAN MARKETS
The South African rand fell on Thursday, hurt by subdued
appetite for emerging market assets and data showing that output
in two key industrial sectors of mining and manufacturing
remained weak, while the stock market ended flat.
Asian stocks stepped ahead on Friday as sentiment improved
on a report that more progress has been made in U.S.-China trade
talks and after UK lawmakers voted to delay a potentially
chaotic exit from the European Union.
The S&P 500 slipped on Thursday, snapping a three-day streak
of gains, as uncertainty over when a trade deal between the
United States and China would be reached left investors on
Gold prices rose on Friday, recovering from the previous
session's sharp fall, as the dollar dipped and mounting concerns
about a slowdown in global economic growth boosted demand for
the safe-haven bullion.
For the top emerging markets news, double click on
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Some of the main stories out in the South African press:
- Recovery plan for Eskom's Medupi, Kusile.
- MTN shares set to rally according to analysts.
- African Rainbow Capital dumps EOH.
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