Bullish indicating open at $55-$60, IPO prices at $37
NAIROBI, Dec 30 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Wednesday.
- - - - -
GLOBAL MARKETS
Asian shares hit a record high on Wednesday as investors bet on
a strong economic recovery next year, as there is little sign
policymakers wind back massive stimulus efforts aimed at
staving off coronavirus-fuelled downturns.
MKTS/GLOB
WORLD OIL PRICES
Oil gained more ground on Wednesday as a U.S. coronavirus
fiscal aid package and a decline in crude oil inventories
lifted prices. O/R
EMERGING MARKETS
For the top emerging markets news, double click on STOCKS
For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
South Africa's rand dipped on Tuesday as tighter restrictions
to a curb a second wave of infections driven by a variant of
the novel coronavirus weighed on sentiment. KENYA MARKETS
The Kenyan shilling KES= was stable on Tuesday amid thin
demand for dollars, with import activity still sluggish until
after year-end holidays. GHANA POLITICS
Ghana's main opposition party said on Tuesday it would formally
challenge the outcome of a presidential election won last month
by incumbent Nana Akufo-Addo, a rare move in a country where
losing candidates typically concede defeat. UGANDA POLITICS
United Nations human rights experts called on Uganda on Tuesday
to rein in violent security forces and drop charges against
political opponents and activists arrested in what the experts
termed an election clampdown.
NIGER ELECTIONS
The ruling party's presidential candidate in Niger, Mohamed
Bazoum, held a large lead in the first partial results from
Sunday's election, although his early score was short of the
50% he would need to avoid a second round.
For the latest precious metals report click on GOL/
For the latest base metals report click on MET/L
For the latest crude oil report click on O/L