African Markets - Factors to watch on Nov 12

Nov 12 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday

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GLOBAL MARKETS

Asian shares edged higher on Thursday as investors favoured riskier assets on further signs the global economy is picking up, while a weak dollar sent gold to a record high. The dollar recovered some losses after hitting a 15-month low, but was down 0.3 percent against a basket of major currencies. [ID:nSP34627]

SOUTH AFRICAN MARKETS

South Africa's rand held gains against the dollar on Wednesday, trading near a three-week high and local stocks rose for the fourth day in a row buoyed by mining shares. The JSE Top-40 index of blue chips .JTOPI gained 1.12 percent to 24,020.62 points and the broader All-share index was up 1.09 percent to 26,662.54 points. [ID:nLB231420]

AFRICAN MARKETS