2nd Sep 2020 06:11
(Alliance News) - Here is what you need to know before the Johannesburg market open on Wednesday:
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MARKETS
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FTSE JSE Top 40: called 279.9 points higher at 51,984
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Hang Seng: down 0.6% at 25,045.78
Tencent Holdings: up 1.2%
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S&P/ASX 200: up 1.6%
BHP Group: up 3.3%
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DJIA: closed up 0.8% at 28,645.66
S&P 500: closed up 0.8% at 3,526.65
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FTSE 100: closed down 1.7% at 5,862.05
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USD: ZAR16.63 (ZAR16.61)
bond R186: 7.255% (7.25%)
(changes since previous Johannesburg equities close)
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COMPANY CALENDAR
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Libstar Holdings - Half Year Results
Discovery - Full Year Results (TBC)
AECI - ex-dividend date
Mpact - ex-dividend date
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ECONOMIC CALENDAR
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1430 SAT Canada Labour productivity, hourly compensation & unit labour cost
1100 SAT EU PPI
0850 SAT Japan Monetary base
1300 SAT Spain Unemployment
0101 SAT UK Shop price index
0800 SAT UK Nationwide house price index
1030 SAT UK House price index
1415 SAT US ADP national employment report
1630 SAT US EIA weekly petroleum status report
2000 SAT US Beige Book
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Tuesday's Late Company News
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Eskom Holdings SOC said ten generation units at seven power stations suffered breakdowns in the past two days which will lead to the continuation of stage two loadshedding in some areas. "With the unreliable and aged generation infrastructure, together with a number of risks on running units, there is a high probability that additional stages of loadshedding may be implemented at short notice," the public utility. Generators have broken down at Arnot, Medupi, Lethabo, Matla, Majuba, Camden and Tutuka power stations. The company said these breaks in conjunction with the need to conserve emergency generation reserves necessitates the load shedding. Unplanned breakdowns amount to 11,425 megawatts of capacity, adding to the 4,983 megawatts currently out on planned maintenance, Eskom said.
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Hammerson says Robert Noel has joined the board and will succeed David Tyler as Non-Executive Chair from September 7.
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Stefanutti Stocks experienced a cyber-attack on its IT systems in the early hours of August 31. External IT forensic experts are investigating the incident. This has affected certain central administrative functions of the company.
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By Anna Farley; [email protected]
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