🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

African Markets - Factors to watch on Nov 11

Published 11/11/2019, 05:36
Updated 11/11/2019, 05:45
© Reuters.  African Markets - Factors to watch on Nov 11
USD/KES
-

NAIROBI, Nov 11(Reuters) - The following company announcements, scheduled economic

indicators, debt and currency market moves and political events may affect African markets on

Monday.

- - - - -

EVENTS:

*TANZANIA - Statistics office to release of October consumer

inflation data.

GLOBAL MARKETS

Asian shares reversed gains on Monday, the yen ticked higher

and gold jumped as fresh violence broke out in Hong Kong,

while uncertainty still remained over whether the United

States and China could end their damaging trade

war. MKTS/GLOB

WORLD OIL PRICES

Oil prices fell on Monday amid renewed doubts over the

prospects of a trade deal between the United States and

China, while concerns over excess supplies also weighed on

the market. 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 weakened on Friday, after nationwide

electricity blackouts overnight by ailing state utility

Eskom spooked investors and reignited worries about the

economy. MARKETS

The Kenyan shilling KES= firmed against the dollar on

Friday supported by inflows of hard currency from offshore

investors buying government debt and banks' shares at the

stock market, traders said. DATA PROTECTION

Kenyan President Uhuru Kenyatta on Friday approved a data

protection law which complies with European Union legal

standards as it looks to bolster investment in its

information technology sector. DANGOTE GROUP

Nigerian industrial conglomerate Dangote Group has signed

deals to make phosphate into fertiliser and build a cement

factory in Togo, the small West African country said on

Friday. VODACOM EARNINGS

Vodacom Tanzania's core earnings rose 9.3% in the six months

to the end of September, driven by increased revenue from

its financial and data provision services, it said on

Friday. POLITICS

Mauritius' ruling Militant Socialist Movement (MSM) has won

more than half of the seats in parliament, securing

incumbent Prime Minister Pravind Kumar Jugnauth a five-year

term, the final election results showed on

Friday. DEBT

Zambia is committed to ensuring that debt is contained

within sustainable levels through continued austerity

measures, President Edgar Lungu said on Friday. BISSAU POLITICS

Guinea-Bissau's newly appointed Prime Minister Faustino

Fudut Imbali handed in his resignation on Friday after an

ultimatum was given by West African regional bloc ECOWAS,

the president said. 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.