The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.
Astrapak APKJ.J - H1 results
Zeder Investments ZEDJ.J - Trading statement
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/
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 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 edged up on Thursday as the U.S. dollar weakened in the wake of an oil producer agreement to curb output. GOL/
For the top emerging markets news, double click on - - -
Some of the main stories out in the South African press:
- SABMiller (LON: SAB ) exit from JSE shifts rankings
- ArcelorMittal paves way for 2.3 billion rand BEE deal
- Wiese plans to pump $1.8 billion into Steinhoff
- Six cargo firms raided
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.