South African Markets - Factors to watch on Sept. 29
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
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