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

Add Chart to Comment

Comment Guidelines

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.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search