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South African Markets - Factors to watch on May 28

ReutersMay 28, 2025 5:30 AM

- The following scheduled company announcements, equity and currency market moves may affect South African markets on Wednesday.

COMPANIES

South Africa's Tiger Brands half-year results TBSJ.J

Anglo American's platinum spin-off lists in Johannesburg as Valterra.

SOUTH AFRICAN MARKETS

South Africa's rand weakened against a stronger dollar on Tuesday, hurt by lower gold prices as risk sentiment improved following U.S. President Donald Trump's decision to postpone tariffs on the European Union..JZAR/

GLOBAL MARKETS

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.MKTS/GLOB

WALL STREET

Wall Street surged on Tuesday as investor risk appetite was buoyed by U.S. President Donald Trump's latest tariff respite and an unexpected jump in consumer confidence..N

GOLD

Gold steadied on Wednesday, as investors bought on the dip, although gains were capped on easing U.S.-EU trade tensions, with the market now awaiting the upcoming U.S. core Personal Consumption Expenditures (PCE) report for interest rate clues.GOL/

EMERGING MARKETS

For the top emerging markets news, double click on nTOPEMRG

- - - -

Some of the main stories out in the South African press:

BUSINESS DAY

- SA at risk of losing access to US and EU airspace over accident body

- Tourism primed to help drive recovery as visitor numbers surge 20%

FIN 24

- ‘Cut and paste’ from Zuma era? New mining bill sparks backlash

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