South African Markets - Factors to watch on May 29

  • Reuters
  • Stock Market News
South African Markets - Factors to watch on May 29
Credit: © Reuters.

JOHANNESBURG, May 29 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.


- The South African Reserve Bank to publish April money supply data at 0600 GMT.

- The South Africa Reserve Service to release April trade data at 1200 GMT.

- South Africa's Treasury to publish April budget balance figures at 1200 GMT.

- Inflation-linked bonds and Treasury Bills auction results due in the day.


- South Africa's Tsogo Sun (JO: TSGJ ) Hotels TGOJ.J releases annual results.

- Nampak NPKJ.J reports interim results. Raubex Group RBXJ.J reports full-year results. AFRICAN MARKETS

South African stocks firmed on Thursday with risk-on sentiment remaining intact on optimism that global growth is recovering as economies reopen after coronavirus lockdowns.

The rand ZAR=D3 gave up earlier gains having touched its strongest level since March 27. It traded at 17.4390 per dollar at 1542 GMT, down 0.43% from its previous close. .J ZAR/


Asia's stock markets pulled back and major currencies were held in check on Friday, as investors await the U.S. response to China tightening control over the city of Hong Kong. MKTS/GLOB


Wall Street ended lower on Thursday following a late-session reversal, with Facebook (NASDAQ: FB ) weighing on the market after President Donald Trump said he would sign an executive order related to social media companies and would hold a news conference on China on Friday. .N


Gold inched up on Friday and was on track for its second monthly gain as deteriorating U.S.-China ties in a world reeling from the coronavirus pandemic rattled investors and fuelled demand for the safe-haven metal. GOL/


For the top emerging markets news, double click on

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or