JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
NAIROBI, Nov 13 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Friday.
- - - - -
GLOBAL MARKETS
Stocks in Asia fell on Friday, following on from selloffs in the
United States and Europe as investors feared the economic impact
of an accelerating rise in coronavirus infections.
MKTS/GLOB
WORLD OIL PRICES
Oil prices fell in early trade on Friday as a spike in the
number of COVID-19 infections raised fears for the global
economy and near-term fuel demand, but remained on track for a
second straight weekly gain amid hopes for a vaccine.
O/R
EMERGING MARKETS
For the top emerging markets news, double click on STOCKS
For the latest news on African stocks, click on .J
KENYA MARKETS
The Kenyan shilling KES= was unchanged on Thursday, and
traders forecast it to weaken due to persisting importer dollar
demand. KENYA EQUITIES
Kenya's Equity Group's EQTY.NR acquisition of Congo's Banqué
Commerciale du Congo will help it grow its balance sheet to 1
trillion shillings ($9 billion) by the end of 2020 and diversify
into a regional bank, chief executive James Mwangi said.
SOUTH AFRICA MARKETS
The South African rand was mostly unchanged against the dollar
on Thursday as global market optimism over a potential COVID-19
vaccine wavered on concerns over logistics, while the country's
record unemployment rate weighed on stocks.
ETHIOPIA WAR
Ethiopia's military has defeated local forces in the west of
Tigray state, Prime Minister Abiy Ahmed said on Thursday,
accusing his foes of atrocities during a week of fighting that
threatens to destabilise the Horn of Africa. NIGERIA MARKETS
Nigerian stocks posted their biggest daily gain in more than
5-1/2 years on Thursday, triggering a circuit breaker on the
bourse for the first time to halt volatility after the index hit
a five-percent limit. NIGERIA TRADE
Nigeria has ratified its membership of the African free-trade
zone due to be launched in January, the government said, after
initial reluctance to join the bloc for fear of exposing local
industries to dumping by countries outside Africa.
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