Charts Indices Currencies Metals & Brent Oil Gainers & Losers
CHARTS
International Indices
Name Value Move
DJ Ind.  25,962.51   216.84  0.8%
DJ Trans  10,285.67   142.41  1.4%
NASDAQ  7,728.97   5.02  0.1%
NYSE S and P500 INDEX  2,854.88   30.65  1.1%
FTSE 100  7,355.31   64.30  0.9%
XETRA DAX INDEX  6,271.85   -81.89  -1.3%
DAX INDEX  11,549.96   -53.93  -0.5%
HONG KONG HANG SENG INDEX  29,071.56   -249.41  -0.9%
NIKKEI 225 INDEX  21,627.34   18.42  0.1%
No Data at Present
Currencies
Name Value Move
ZAR/ / AUD  10.25   0.01 0.1%
ZAR/ / CHF  14.54   0.20 1.4%
USD/ / EUR  1.13   0.00 0.0%
ZAR/ / EUR  16.31   0.00 0.0%
USD/ / GB  1.32   0.00 0.1%
ZAR/ / GBP  19.09   -0.01 0.0%
YEN/ / ZAR  7.60   -0.20 -2.5%
JPY/ / USD  109.90   -0.96 -0.9%
ZAR/ / USD  14.47   -0.01 -0.1%
Precious Metals & Brent Oil
Name Value Move
Brent Oil  66.70   -1.02 -1.5%
Palladium  1,517.75   -48.20 -3.1%
Platinum  850.80   -11.60 -1.3%
Silver  15.39   -0.09 -0.6%
Gold  1,311.36   1.98 0.2%
Top 5 Gainers -- Delayed
Royal Bafokeng Platinu  32.9
SABLE PLATINUM LTD  31.9
Sabvest Ltd  25.4
Pembury Lifestyle Grp  22.2
Marshall Monteagle plc  21.6
Top 5 Losers -- Delayed
Visual International H  -33.3
Aveng Group Limited  -33.3
Forbes & Manhatt Coal  -16.7
Ecsponent Limited  -14.3
Coal of Africa Ltd  -14.3

PRICES (15 minute delay)

INDI 25 EQWI : J5EQ 7471  -86 | ABSA Bank Ltd Pref : ABSP 73000  0 | Rafi Alsi : J263 10198  -51 | MAS Real Estate Inc. : MSP 2235  -34 | NEWFUNDS SWIX 40 ETF : NFSWIX 1685  -4 |

SENS (15 minute delay)

Market Commentary News Research  
Market Commentary
Market Commentary for Wednesday 20 March 2019

On Wednesday, the All Share Index gave back some of its recent gains, dropping 1.24% by the close. We saw losses across the board, but our retail sector was the worst performer, falling 2.61%, driven by a 4.99% decline in Massmart and a 4.05% drop in The Foschini Group to R166.19 per share. Other stocks that posted significant losses include a further 8% weaker close in EOH, whilst Wilson Bayly-Holmes and Astral Foods were also among the worst performers with losses of 6.6% and 5.4%, respectively. Our platinum miners bucked the trend, adding 1.46%, with the likes of Northam Platinum and Royal Bafokeng closing stronger by 3.8% and 2.7%. On the company front, Omnia indicated in a trading statement for the year ended 31 December 2018 that it expects a loss of at least R134 million and a loss per share of at least 198 cents, which is at least 120% lower than the prior comparable period. Omnia closed the day weaker by 4.8% at R55.20. Fortress REIT and Resilient advised shareholders in a cautionary announcement that Fortress advised Resilient of its decision not to proceed with discussions regarding a proposed transaction, citing no reasonable prospect of reaching consensus on all aspects of the proposed transaction. CSG Holdings indicated in a trading statement that it expects earnings per share and headline earnings per share (HEPS) to be at least 20% lower in the year ending 31 December 2019 compared to the prior year. Tiger Brands announced that it has completed the sale of 8 million Oceana shares to Brimstone Investment Corporation and is proceeding with the necessary steps to complete the unbundling of the remaining 49 104 774 Oceana shares to its shareholders during the second quarter of the 2019 calendar year. On the economic front, producer prices in Germany decreased to 105 index points in February from 105.1 in January. The annual inflation rate in South Africa rose slightly to 4.1% in February from 4% in the prior month, matching market expectations, whilst retail sales increased 1.5% in January over the previous month. In the UK, the annual inflation rate rose to 1.9% in February from 1.8% in January and above expectations of 1.8%, while the retail price index rose by 0.7% month-on-month in February, as expected. In the US, crude oil stocks fell by 9.589 million barrels in the week ended March 15th 2019, following a 3.862 million decrease in the previous week and compared to market expectations of a 0.074 million rise. Total value traded for the day was R42.4 billion.

Market Commentary
The Day Ahead for Friday 22 March 2019

US markets closed in positive territory on Thursday with the Dow Jones Industrial Average and the S&P500 adding 0.84% and 1.09%, respectively. Eastern markets are mostly lower this morning with the Nikkei currently trading just under the flat line, while the Hang Seng Index has lost 0.3%. Tencent is trading in the red by 0.88%, whilst BHP has lost 0.2%. The Australian ASX is 0.4% stronger thus far. Traders can expect a flat start to trading on our local bourse this morning.

News Articles
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Fin24.com | Stage 2 load shedding confirmed for Saturday
3/22/2019 8:56:27 PM

Eskom to implement Stage 2 load shedding on Saturday, due to shortage of capacity.

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Fin24.com | Tesla chief Musk calls on workers to help deliver cars
3/22/2019 8:02:25 PM

Tesla chief Elon Musk on Thursday urged workers to make helping with the 'biggest wave' of deliveries in the electric car maker's history their top priority, Business Insider reported.

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Fin24.com | The week that was: Fin24's top 5 stories
3/22/2019 7:28:02 PM

From the news of Eskom planning for stage 5 and 6 load shedding, the much talked about load shedding updates to the design defects at Medupi power station, here is the week that was...

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Fin24.com | Ramaphosa: Allegations of sabotage at power stations being investigated
3/22/2019 6:44:37 PM

President Cyril Ramaphosa has said efforts are being made to address the electricity crisis, ahead of the elections.

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Fin24.com | EOH appoints interim board chairperson
3/22/2019 5:59:20 PM

IT service compay EOH has appointed non-executive director Jesmane Boggenpoel as interim board chairperson as the search for a permanent chairperson continues.

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Fin24.com | Tesla accuses billionaire's engineer of stealing tech secrets
3/22/2019 4:37:53 PM

He sold his internet company for billions of dollars and then bet on an electric-vehicle startup, posting about it frequently on social media, but he's not Elon Musk.

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Fin24.com | SARS 'hopeful' union will accept offer in bid to avert strike
3/22/2019 3:45:40 PM

South African Revenue Service spokesperson Sandile Memela said the tax body remained committed to "resolving the impasse" with the National Education Health and Allied Workers Union (Nehawu) who have threatened to down tools within days.

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Fin24.com | Zuma says nuclear could've solved load shedding
3/22/2019 2:37:57 PM

Former president Jacob Zuma, whose administration has been blamed for the current power outages, has told Business Day the power crisis could have been averted if the country had built nuclear reactors.

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Fin24.com | Hawks say they are waiting 'anxiously' for access to PwC report into Steinhoff
3/22/2019 2:16:52 PM

The 3000-page forensic probe into accounting fraud was given to Steinhoff leadership by PwC earlier in the month.

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Fin24.com | MTN South Sudan gets boost as hopes rise that war is ending
3/22/2019 1:44:49 PM

The MTN Group's South Sudan unit said it’s investing at least $30m in revitalising and expanding its operations as a new deal to end a five-year civil war brings relative peace to much of the country.

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Fin24.com | Union puts SARS on notice for strike
3/22/2019 1:37:32 PM

Nehawu said earlier in the week it had failed to reach an agreement on wage negotiations with the revenue collection agency.

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Fin24.com | Find your load shedding schedule
3/22/2019 1:35:48 PM

Find your load shedding schedule for Johannesburg, Durban, Cape Town, Nelson Mandela Bay and Polokwane.

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Fin24.com | Nationwide 'shortage' of solar panels, storage batteries as demand spikes
3/22/2019 12:11:56 PM

Eskom’s rolling blackouts have led to a huge spike in demand for solar panels and storage batteries – and a country-wide shortage of both as suppliers battle to meet demand.

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Fin24.com | Black Management Forum questions 'lack of transparency' in appointing new SARS commissioner
3/22/2019 11:03:33 AM

The Black Management Forum is concerned with what it deems to be a 'rushed and guarded' recruitment process in terms of appointing a new SARS boss.

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Fin24.com | Boeing to make safety feature standard on troubled Max jets
3/22/2019 9:59:13 AM

Boeing will make standard on its troubled new airliner a safety feature that might have helped the crew of a jet that crashed shortly after takeoff last year in Indonesia

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Fin24.com | Risk of litigation, business closures due to load shedding, industry warns
3/22/2019 9:13:53 AM

The leaders of industry bodies have told Fin24 that load shedding is not just a minor pain for companies, but poses a risk of closures, lost clients and even litigation.

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Fin24.com | Exxaro to cut ties with Group Five; 740 contract workers at risk
3/22/2019 8:30:09 AM

Exxaro has said that the construction of a new small coal plant at its Grootegeluk mine in Limpopo would be delayed after it terminated its agreement with Group Five Projects, a subsidiary of Group Five Construction.

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Fin24.com | 'Signs are encouraging' load shedding will be reduced - Eskom
3/22/2019 8:05:46 AM

Friday is the first day in almost a week that Eskom will not implement Stage 4 power cuts.

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Fin24.com | Facebook says users' passwords were visible to employees
3/22/2019 5:00:15 AM

Facebook has disclosed a flaw on its social network that made passwords of hundreds of millions of users visible to employees and said the issue has now been fixed.

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Fin24.com | Eskom to implement Stage 2 load shedding on Friday
3/21/2019 9:52:16 PM

Eskom will implement Stage 2 load shedding on Friday.

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ADH
Heads up: Advtech FY18 Results
3/20/2019

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AGL
Heads up: Anglo American FY18 Results
3/18/2019

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AIL
Heads up: ARCI 1H19 results - In build mode
3/15/2019

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MPT
Heads up: MPACT FY18 Results - A Recovery in Earnings
3/15/2019

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QLT
Heads up: Quilter FY18 results - Time to optimise
3/13/2019

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SUR
Heads up: Spur Corporation 1H19 Results Review
3/12/2019

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RCL
Heads up: RCL Foods 1H19 Results - Disappointing, but starting to show value
3/12/2019

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SLM
Heads up: Sanlam FY18 results - 100 years later
3/12/2019

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MMI
Heads up: MMI 1H19 results - Making progress
3/12/2019

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OMU
Heads up: Old Mutual FY18 results - Now a standalone entity
3/12/2019

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