African Markets - Factors to watch on Nov 16

Nov 16 (Reuters) - 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

Gold hit a record high on Monday as investors hedged against a weak dollar while Asian shares edged higher after upbeat reports from U.S. retailers underpinned confidence the global economy is recovering. [ID:nSP113829]

SOUTH AFRICAN MARKETS

South Africa's rand steadied against the dollar on Friday and local stocks ended slightly higher for the sixth day in a row in low volumes. [ID:nLA685854]

AFRICAN MARKETS