/ Powell second term as Fed chair
/ Fed's Bostic says he remains open to faster taper and one or two rate hikes in 2022
/ Online Black Friday sales in the US fell according to data from Adobe Analytics ($8.9bn vs. $9bn)
/ Opec+ meeting this week, production likely to remain unchanged
/ Turkish lira losses 20%
/ New variant crashes markets and leisure stocks (everything)
/ Good Invicta results, but no dividend
/ Good PPC results
/ Brait apital raise via convertiable bond
/ Hospital stock results; Life Healthcare & Netcare
/ Banking stocks
Twenty years of food retailers on the #JSE pic.twitter.com/BDKeOPU11t
— Simon Brown (@SimonPB) November 23, 2021
Twenty years of local banks .. only really one bank in it as the other 4 battle along the bottom as Capitec does 46% CAGR over the two decades ..#JSE pic.twitter.com/yMx0NSDYrV
— Simon Brown (@SimonPB) November 24, 2021
[caption id="attachment_31691" align="aligncenter" width="888"] Top40 daily[/caption]
/ US inflation, 6.2%. Core inflation highest since 1991.
/ Johnson & Johnson announced plans to split its company into two, separating its consumer health division from its pharmaceutical and healthcare businesses.
/ Elon Musk selling Tesla shares, some planned n September. Rest thanks to the Twitter poll.
/ Singles day in China, muted (+8.5%) but still huge, Alibaba $84.5billion
/ Tencent results. Slowing in all areas. Common prosperity is visible in the results.
/ MTBPS, not much happening - as expected.
/ Vodacom buying Vodafone Egypt, nice deal and adds a strong growth region.
/ Purple Group results, really top class and much better than I expected. 737k funded accounts.
/ Sappi results, doing well as dissolving pulp prices boom. But energy costs hurting.
/ Raubex results strong with a really good pipeline and well positioned for infrastructure
/ Northam scopes Implats and buys 33% of RBPlats
[caption id="attachment_31661" align="aligncenter" width="888"] Purple Group daily chart[/caption]
/ US tapering begins
/ Strong US jobs data
/ US passes $1trillion infrastructure bill
/ Bank of England leaves rates unchanged
/ Strong Pfizer results
/ Elon Musk asks Twitter if he should sell 10% of his Tesla shares, and pay tax
/ Mini budget this week
/ Renergen reserves
/ Dis-Chem results
/ MTN update
/ Purple Group update
/ Petrol increase
US$8.5billion from France, Germany, the UK and the US governments, as well as the EU, to support a just transition to a low carbon economy.