South African Markets - Factors to watch on Sept 3

  • Reuters
  • Stock Market News
South African Markets - Factors to watch on Sept 3
Credit: © Reuters.

JOHANNESBURG, Sept 3 (Reuters) - The following company announcements, economic indicators, debt and currency market moves may affect South African markets on Thursday.

ECONOMIC EVENTS

PMI survey

COMPANIES

Santam SNTJ.J results

Implats IMPJ.J results

Truworths TRUJ.J results

SOUTH AFRICAN MARKETS

A stronger dollar and domestic economic and political risk weighed on South Africa's rand, which on Wednesday gave back some of the gains from the previous session. .J ZAR/

GLOBAL MARKETS

Asian equities started strong on Thursday as a sustained recovery in China's services sector and the prospect of additional U.S. stimulus whetted risk appetite, while the dollar pared gains. MKTS/GLOB

WALL STREET

The S&P 500 closed higher on Wednesday, with defensive and value stocks taking their turns to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected. .N

GOLD

Gold on Thursday recouped some of the previous session's hefty losses as the dollar steadied, although gains were capped by an uptick in risk appetite on recent better-than-expected economic data. GOL/

EMERGING MARKETS

For the top emerging markets news, double click on - - -

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

BUSINESS DAY

- UIF heads roll over Ters irregularities

- Zuma's lawyers hint he may defy state capture inquiry

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