South African Markets - Factors to watch on Nov 23

Mon Nov 23, 2009 5:51am GMT
 
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JOHANNESBURG, Nov 23 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.

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GLOBAL MARKETS

Gold rose more than 1 percent to a record high on Monday as concerns about accelerating inflation and weak economic growth prompted investors to seek relatively safer assets, while supply concerns boosted oil and copper.

Asian stocks also rose, led by gains in Australia thanks to higher resource stocks, although volumes were light with Japan out on holiday. [ID:nSP460694]

WALL STREET

U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell (DELL.O) and homebuilder D.R. Horton (DHI.N) as a further sign that the recovery would be anemic. [.N]

  Continued...

 

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