The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.
SANLAM SLMJ.J reported a 5 percent rise in normalised headline EPS on Thursday. RAINBOW MINERALS ARIJ.J more than doubled its annual profit on Thursday on the back of higher commodity prices. AFRICA'S NET FOREIGN RESERVES rose to $42.646 billion in August from $42.414 billion in July, the Reserve Bank said on Thursday. AFRICAN MARKETS
The rand rallied to its firmest in two-and-a-half months on Wednesday as rising tensions between North Korea and United States lifted gold prices, further boosting a local currency buoyant after the economy shook off recession. .J ZAR/
GLOBAL MARKETS
Asian shares bounced back on Thursday after U.S. President Donald Trump and congressional leaders unexpectedly agreed to raise the government debt limit until December, eliminating the near-term risk of a government shutdown. MKTS/GLOB
WALL STREET
Wall Street climbed on Wednesday, boosted by energy shares and helped by news of an agreement to extend the debt limit, as stocks bounced back from a day-earlier selloff. .N
GOLD XAU=
Gold held steady early on Thursday, supported by a weaker dollar and lingering concerns over North Korea, as markets awaited the outcome of a European Central Bank (ECB) policy meeting later in the day. GOL/
BUSINESS DAY
- Bell Pottinger may sold in salvage attempt
- Royal Bafokeng aims to buy Maseve mine
BUSINESS REPORT
- Taxis threaten more blockades