South African Markets - Factors to watch on Oct. 1

  • Reuters
  • Stock Market News
South African Markets - Factors to watch on Oct. 1
Credit: © Reuters.

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

ECONOMIC EVENTS

- South Africa's seasonally adjusted Absa (JO: ABGJ ) Purchasing Managers' Index (PMI) due at 0900 GMT.

- September new vehicles sales data.

COMPANIES

- Conduit Capital CNDJ.J releases full-year results. Texton Property Fund TEXJ.J releases full-year results. AFRICAN MARKETS

South Africa's rand weakened against the dollar on Friday and stocks ended lower, tracking weaker European markets that were weighed down by Italy budget worries. .J ZAR/

GLOBAL MARKETS

The Canadian dollar and the Mexican peso rose and Japanese shares hit 27-year highs on Monday after the United States and Canada reached a framework deal to update the North American Free Trade Agreement. MKTS/GLOB

WALL STREET

Wall Street ended flat on Friday as gains by Intel (NASDAQ: INTC ), real estate companies and utilities offset a drop in Facebook (NASDAQ: FB ) after the social media network disclosed a security breach. .N

GOLD XAU=

Gold prices dipped on Monday as the dollar firmed in the wake of indications from the U.S. Federal Reserve last week that it will pursue a tighter monetary policy. 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

- NDP's 6 pct jobless rate by 2030 'impossible'

- SARS drops claim against former spokesperson

BUSINESS REPORT

- Cosatu demands corruption probe

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