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NAIROBI, June 4 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Thursday.
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GLOBAL MARKETS
Asian shares rose to a two-month high on Thursday as
government stimulus expectations supported investor
confidence in an economic recovery from the global
coronavirus pandemic. MKTS/GLOB
WORLD OIL PRICES
Oil prices fell on Thursday, reversing gains in the previous
session, on concerns that supply will rise if major
producers are unable to agree to extend the depth of output
cuts that have supported recent gains. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand extended gains to a fresh 11-week high
on Wednesday in a broad emerging market rally spurred by
investor bets that a global economic recovery was taking
hold after the coronavirus fallout. PETROLEUM
Nigeria expects to have all complete bids for marginal
oilfields within 10 weeks, the director of the Department of
Petroleum Resources (DPR) said on Wednesday. MARKETS
The Kenyan shilling KES= gained ground on Wednesday,
helped by inflows from agricultural exports and low dollar
demand from merchandise importers, traders said. ELECTRICITY
Zambia's government said on Wednesday it had no intention of
taking over Copperbelt Energy Corp (CEC) CECZ.LZ , after
the company accused the government of expropriating its
power lines by saying others must be allowed to use them if
they paid. the latest precious metals report click on GOL/
For the latest base metals report click on MET/L
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