The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Monday.
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GLOBAL MARKETS
Oil surged to four-month highs on Monday after weekend
attacks on crude facilities in Saudi Arabia sparked supply
fears, while shares in Asia extended losses as bleak
economic data from China sapped investors' risk
appetite. O/R MKTS/GLOB
WORLD OIL PRICES
Oil prices surged on Monday, with Brent crude posting its
biggest intra-day percentage gain since the start of the
Gulf War in 1991, after an attack on Saudi Arabian oil
facilities on Saturday shut in the equivalent of 5% of
global supply. MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed against the dollar on Friday, as
signs of a thaw in U.S.-China trade tensions and monetary
easing in the euro zone and Turkey buoyed developing world
currencies. STOCKS
Nigerian stocks climbed to a two-week high on Friday as
investors snapped up shares in banking .NGSEBNK10 , oil
.NGSEOILG5 and telecoms companies. MARKETS
The Kenyan shilling KES= was stable against the dollar on
Friday with inflows from diaspora remittances meeting thin
dollar demand from merchandise importers, traders
said. HEALTH
Kenya on Friday began adding a malaria vaccine to its
routine immunization schedule for babies and toddlers,
becoming the third African country to roll out the vaccine
for a disease that threatens children across the
continent. EMIRATES
The United Arab Emirates no longer plans to establish a
military airport in Somaliland and the facility currently
being built will be turned into a civilian airport, the
region's president said. EBOLA
A former Congolese health minister was taken into custody on
Saturday over alleged mismanagement of funds for the
country's response to the Ebola epidemic, police
said. MARKETS
The Ugandan shilling was stable on Friday in thin trading
volumes on both demand and supply. MUGABE
Zimbabwe's founder Robert Mugabe was honoured as an icon,
principled leader and African intellectual giant at a state
funeral on Saturday, after a week of disputes over his
burial threatened to embarrass President Emmerson
Mnangagwa. ALGERIA PROTESTS/ELECTION
Algeria will hold a presidential election on Dec. 12,
interim President Abdelkader Bensalah said in a televised
speech on Sunday, despite demands by protesters to postpone
a vote until more of the ruling elite quit
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