Home Markets South African Markets – Factors to watch on Nov. 24

South African Markets – Factors to watch on Nov. 24

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JOHANNESBURG, Nov 24 – The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Wednesday.

COMPANIES

Crookes Brothers (CKSJ.J), Acsion (ACSJ.J) and Lewis Group (LEWJ.J) will or have published their half-year results. Tsogo Sun (TGOJ.J) will publish its second quarter earnings. Arrowhead Properties reported its full-year performance.

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SOUTH AFRICAN MARKETS

The South African rand slipped further on Tuesday, trading near a one-year low, as the dollar held firm on bets for U.S. interest rate increases after Federal Reserve Chair Jerome Powell was nominated for a second term.

GLOBAL MARKETS

Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.

WALL STREET

The Nasdaq…

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