header
Warrants and Share Instalments

Welcome to The Standard Bank of South Africa Limited's ("Standard Bank") Warrants website, which provides information on the warrants and share instalments issued by Standard Bank, together with general information relating to warrants and market information. Access to and use of the information provided on this website is subject to the Terms and Conditions, Privacy and Security Statement and Disclaimer.

Financial and other information relating to Standard Bank as the issuer of the warrants and share instalments as well as the terms and conditions governing the warrants and share instalments are set out in the Common Terms Document and related annexures and/or supplements. The warrants and share installments set out on this website are subject to certain selling restrictions which are documented in the Common Terms Document and related annexures and supplements. In particular warrants and share instalments may not be offered or sold within the United States of America or for the account or benefit of U.S. persons. Further restrictions may also be applicable in respect of non-residents and potential investors should ensure that they are they are familiar with all such restrictions.

New Warrant and Instalment Articles
Welcome to the Standard Bank of South Africa Limited
Market Report
Date Updated: 2019/03/13 08:24:28 AM

WHAT HAPPENED OVERNIGHT IN THE US:

·         S&P +0.3%, held Monday’s gains in session largely dependent on energy – and Brexit headlines across the pond.

·         GBP had earlier tanked on UK legal opinion insisting EU Brexit ‘backstop’ guarantee inadequate (potentially leaving UK trapped in customs union).

·         But when dust settled, USD little changed. Feb CPI +1.5% y/y – but 2.1% at core - left US Treasury yields hovering around 2-month lows.

·         Oil back above $67 in support of energy on reports of OPEC+ cuts extension through H2 (to be agreed at March 17 meeting).  

·         That was bad news for transport. Boeing -6.2%, re-plumbed Monday’s lows as EU announced 737 airspace bans.

·         US trade envoy Lighthizer earlier testified to Senate that China deal still faced “major issues”, leaving trade-sensitive industrials adrift.

·         But for all that, UK Brexit vote remained main focus. UK govt vote defeat in last hour of US markets saw S&P dip back to lows.

 SOUTH AFRICAN NEWS:

         Expect AllShare +0.50%. From SA close, S&P -0.1%, gold +$7 ($1304), plat +$4 ($836), pall -$3 ($1536), copper -0.7% ($2.92/lb), oil -0.1% ($66.91), Dalian iron +0.7%, Dalian coal +0.3%, steel rebar +0.2%, BHP +0.25%, USDZAR +0.5% (14.37), Tencent -0.4% (HKD 359).

         Today’s XDs (102 index pts): AIP 100c/AGL 721c/ASR 1000c/DSY 101c/GFI 20c/KIO 1573c/L2D 12.69c/SHP 156c/SOL 590c/TPC 30c/TRU 249c/WHL 92c. RBP ex rights 2 for 9 at R22 (TERP 2703c)

         Due today: EOH H1, GRF H1, LBR FY, MPT FY, RMH FY.

         Also due this week: tmrrw EXX FY, GRT H1, (BTI capital mkts day); Fri INP Q3.

         UK Brexit deal defeat last night opens the way for Article 50 extension, even if a ‘hard’ Brexit remains a risk. Another vote later today (time tbc) will give MPs the choice - free of party whip - to block a no-deal Brexit on March 29, and another tomorrow will seek to postpone the deadline itself amid expectations that a majority of parliamentarians could eventually support a ‘Norway-style’ compromise. Sterling continues to see that as glass-half-full (GBPZAR +0.4% >18.83) though Brexiters have warned that any Article 50 extension would ultimately need to be agreed to by EU.

TODAYS KEY DATA POINTS:

         12pm: SA Q1 BER Business Confidence, Eurozone Jan Ind Prod

         2.30pm: US Feb PPI, Jan Durables

 

 


Subscribe to get the daily market report in your inbox everyday.
Email address:  
Standard Bank Warrants and Share Instalment News
FSRSTA- SCIB: The Standard Bank Of South Africa Limited ? Dividend announcement - 3/19/2019 4:15:00 PM
BTISTG- SCIB: The Standard Bank Of South Africa - Dividend announcement in rela - 3/12/2019 9:59:00 AM
TOPSKG-TOPSKH-TOPSKZ- SCIB: The standard Bank Of South Africa - Issue of barrie - 3/7/2019 12:39:00 PM
TOPSKG-TOPSKH-TOPSKZ- SCIB: The standard Bank Of South Africa - Issue of barrie - 3/7/2019 12:39:00 PM
TOPSKG-TOPSKH-TOPSKZ- SCIB: The standard Bank Of South Africa - Issue of barrie - 3/7/2019 12:39:00 PM

more