South African Markets - Factors to watch on Sept. 29

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

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

CORPORATE NEWS

Astrapak APKJ.J - H1 results

Zeder Investments ZEDJ.J - Trading statement

ECONOMIC NEWS

Producer price inflation - 1130 (0930 GMT)

South Africa credit data - 0830 (0630 GMT)

SOUTH AFRICAN MARKETS

South African stocks rose on Wednesday, helped by international retail group Steinhoff after retail tycoon Christo Wiese said it would be a "natural development" to take over Shoprite. .J ZAR/

GLOBAL MARKETS

Oil shares pulled regional stock markets higher on Thursday after OPEC members agreed to curb output in a surprise deal, though investors were wary of chasing markets higher as the U.S. presidential election neared. MKTS/GLOB

WALL STREET

Wall Street ended higher on Wednesday after an OPEC agreement to limit crude output fueled a rally in oil and more than offset nervousness about a tight race for the U.S. presidency. .N

GOLD XAU=

Gold edged up on Thursday as the U.S. dollar weakened in the wake of an oil producer agreement to curb output. 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

- SABMiller (LON: SAB ) exit from JSE shifts rankings

- ArcelorMittal paves way for 2.3 billion rand BEE deal

BUSINESS REPORT

- Wiese plans to pump $1.8 billion into Steinhoff

- Six cargo firms raided

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