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₹302 -7.1  -2.3%

Last Trade - 17/09/21

Sector
Basic Materials
Size
Large Cap
Market Cap £11.03bn
Enterprise Value £12.95bn
Revenue £9.90bn
Position in Universe 45th / 3148

African Markets - Factors to watch on July 2

Tue 2nd July, 2019 5:40am
NAIROBI, July 2 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday. 
    - - - - -
 GLOBAL MARKETS
 Asian shares wobbled on Tuesday, U.S. Treasury yields fell
 and gold rose as weak global manufacturing activity
 reinforced worries about slowing growth while uncertainties
 over the prospect of a Sino-U.S. trade deal also hurt
 sentiment.  urn:newsml:reuters.com:*:nL8N24308M  MKTS/GLOB 
 WORLD OIL PRICES
 Oil prices drifted lower on Tuesday, as weak global data
 raised concerns about future demand for the commodity
 despite a positive boost from OPEC's decision to extend
 supply cuts until next March.  urn:newsml:reuters.com:*:nL4N24306U  O/R 
 
 EMERGING MARKETS
 For the top emerging markets news, double click on
  urn:newsml:reuters.com:*:nTOPEMRG 
 
 AFRICA STOCKS
 For the latest news on African stocks, click on  .J 
 
 SOUTH AFRICA MARKETS
 South Africa's rand inched firmer on Monday, clinging on to
 a month's worth of gains towards the crucial 14.00 mark
 despite the dollar recovering from its recent slump as trade
 tensions between Washington and Beijing thawed.
    urn:newsml:reuters.com:*:nL8N242546  
 KENYA MARKETS
 The Kenyan shilling  KES=  was under pressure against the
 dollar on Monday due to excess local currency liquidity in
 the money market, traders said.  urn:newsml:reuters.com:*:nL8N242250
 KENYA TELECOMS 
 Bob Collymore, the chief executive who helped to turn
 Safaricom Plc  SCOM.NR  into East Africa's most profitable
 company with an $11 billion valuation, has died after a
 nearly two-year long battle with cancer.    
    urn:newsml:reuters.com:*:nL8N2420JT  
 IVORY COAST COCOA
 Ivory Coast plans to stamp out illegal cocoa production from
 national parks and forest reserves over the next five years
 to control output better and support a new floor price,
 officials from the government and its cocoa regulator told
 Reuters.    urn:newsml:reuters.com:*:nL8N2423EZ
 ZIMBABWE CURRENCY
 Zimbabweans will be allowed to withdraw up to 1,000 U.S.
 dollars in cash a day from foreign currency accounts,
 Finance Minister Mthuli Ncube said on Monday, as the country
 prepares to relaunch its own currency after a decade of
 dollarisation.    urn:newsml:reuters.com:*:nL8N2423AG
 
     For the latest precious metals report click on  GOLD/  
     For the latest base metals report click on  MET/L  
     For the latest crude oil report click on  O/L  
  ((Compiled by Nairobi Newsroom))
  ((Email: nairobi.newsroom@thomsonreuters.com; tel: ++254 20 499 1232))
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