RESILIENT:  5,585   -28 (-0.50%)  19/04/2019 00:00

South African Markets - Factors to watch on Sept. 12

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


- August Business confidence index by SACCI. 0930 GMT

- July Retail Sales by Statistics South Africa. 1100 GMT


- Full Year 2018 Group Five Ltd Earnings Release.

- Full Year 2018 Grand Parade Investments Ltd Earnings Release.

- Full Year 2018 Clover Industries Ltd Earnings Release.

- Full Year 2018 Capevin Holdings Ltd Earnings Release.


South Africa's rand firmed on Tuesday as emerging market currencies broadly staged a rally against the dollar following a deep selloff, with investors seeing an opportunity to buy the currency cheap.


Asian stocks slipped to 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.


U.S. stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares.


Gold prices edged lower on Wednesday as a key technical resistance acted as a deterrent for the metal and the yuan weakened against the dollar on fears the U.S.-China trade war could escalate.


For the top emerging markets news, double click on

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


- Mall property operator Resilient forms new board to tackle price manipulation allegations.

- Australian university group Monash to sell South African assets.


- Property firm Attaq to sell non-core assets.

2018-09-12 07:47:21

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