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.

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Market Report
Date Updated: 9/13/2019 8:50:40 AM


·         US markets rallied to within a whisker of record - on cheap money tailwind - before losing steam in last hour.

·         ECB QE surprise a boost for momentum stocks - under siege earlier in the week. Value breather (still week-to-date +4%).

·         Fed fund futures priced tighter for a cut next week Weds, helping anchor recent steepening in the yield curve.

·         But China story showed signs of fatigue. Trump reportedly considering “interim” deal, later denied by White House in CNBC story. Caterpillar -1%, booked first drop in 4. Apple -0.2%, faded from up 1%.



·         From SA close yday, S&P +0.1%, gold -$15 ($1497), plat -$6 ($949), pall -$6 ($1611), copper +1.2% ($2.65/lb), Brent oil +1.4% ($60.40), ZCE thermal coal -0.4%, BHP -0.2%, USDZAR unch (14.59), Tencent +0.2% (HKD 350).

         Quiet day for local diary but things hot up next week with SARB rate decision and SAFEX expiry on Thurs 19 Sept. On Monday Prosus will land in CSDPs but also gets MSCI upweight at the close – just as we learn the result of Prosus election (NPN to confirm exact holding 73%-83%). On Friday we get JSE quarterly review with IMP/SGL/GFI in to Swixx (APN/SAP/LHC out) but with one more stock (expected) to make way for Prosus it’s currently looking like EXX will also be fall guy. Either way, PRX also likely to get a FF/SSIS downweight in that rebal (we expect 8% to 3% in DTOP/Swixx, 9% to 3% in Top40 (vs addition/upweight in DCAP)).

         PRX discount 11.1% to listed SOTP (21.2% vs total ie including unlisted). NPN discount 29% to listed SOTP (37.2% vs total).  




·         2.30pm: US Aug Retail Sales

·         4pm: US Sept Uni of Mich Consumer Confidence



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Standard Bank Warrants and Share Instalment News
TOPSKP- SCIB: The Standard Bank Of South Africa - Issue of knockout warrants - 9/12/2019 9:25:00 AM
FSRSTA- SCIB: The Standard Bank Of South Africa - Share instalment dividend ann - 9/12/2019 9:17:00 AM
NPNSTN- SCIB: The Standard Bank Of South Africa - Instalment dividend announcem - 9/4/2019 8:15:00 AM
NPNSTN- SCIB: The Standard Bank Of south Africa: NPN Share instalment terms adj - 8/29/2019 1:49:00 PM