South African Markets - Factors to watch on March 20
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.
SOUTH AFRICAN MARKETS
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.