South African Markets - Factors to watch on Feb 10

  • Reuters
  • Stock Market News
South African Markets - Factors to watch on Feb 10
Credit: © Reuters.

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

COMPANIES

- ArcelorMittal South Africa ACLJ.J releases Full-year results.

- Brait BATJ.J releases third quarter results.

SOUTH AFRICAN MARKETS

South Africa's rand weakened slightly on Thursday, weighed down by a rebound in the U.S. dollar, ahead of President Jacob Zuma's annual state of the nation speech. .J ZAR/

GLOBAL MARKETS

Asian shares rallied to an 18-month peak on Friday, as investors cheered upbeat Chinese trade data and strong gains on Wall Street after U.S. President Donald Trump promised to unveil a major tax announcement to lower the burden on businesses. MKTS/GLOB

WALL STREET

Wall Street's three main indexes surged to fresh record highs on Thursday after President Donald Trump said he would make a major tax announcement in a few weeks. .N

GOLD XAU=

Gold fell on Friday on a firmer dollar after U.S. President Donald Trump promised a major tax announcement and as economic data boosted expectations of a U.S. rate hike. 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

- Flayed Zuma delivers transformation plan

- Uncertainty 'stymies coal miners'

BUSINESS REPORT

- Banks shielded from the bad debt

- Blow to Royal Bafokeng despite good news

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

Error: File type not supported

Drop an image here or

100