South African Markets - Factors to watch on Nov 20

  • Reuters
  • Stock Market News
South African Markets - Factors to watch on Nov 20
Credit: © Reuters.

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

CORPORATE DIARY

RCL FOODS RCLJ.J shareholder meeting

INVESTEC INLJ.J Corporate Analyst Meeting

REUNERT RLOJ.J FY results

TRANSACTION CAPITAL TCPJ.J reported a 16 percent rise in annual core headline EPS. FUND MANAGERS CMLJ.J reported a 4 percent decline in annual headline EPS. AFRICAN MARKETS South Africa's rand weakened on Monday, slipping back above a crucial psychological level as higher bets of an interest rate hike by the local central bank later in the week were overshadowed by the simmering U.S.-Chinese trade dispute MARKETS

Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak U.S. data further sapped confidence in the currency. MKTS/GLOB

WALL STREET

U.S. stocks dropped and the Nasdaq fell 3 percent on Monday as investors dumped Apple (NASDAQ: AAPL ), internet and other technology shares, further shaking confidence in a group of stocks that has propelled the long bull market. .N

GOLD XAU=

Gold inched lower on Tuesday, trading in a tight range ahead of a U.S. holiday, but the metal held above the 1,220 level as the dollar was pressured by weak U.S. economic data and a clouded interest rate outlook. 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

- Zuma to court: Scrap biased arms-deal case

- Nuclear was out of South Africa's financial reach - Gordhan

BUSINESS REPORT

- Steinhoff (JO: SNHJ ) soars as Du Preez lands top job

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