South African Markets - Factors to watch on March 20

Mon Mar 20, 2017 5:23am GMT

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


South Africa's rand firmed to a near 19-month high on Friday over dovish comments by the U.S. Federal Reserve, which gave impetus to emerging market currencies against the retreating greenback.

Stocks fell, with Net1's Johannesburg-listed shares taking a hit over a court ruling that affected its operations.


Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued to drag the dollar lower.


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UK £ USD =1.2964
Euro USD =1.1406
Rand USD =0.0771