South African Markets - Factors to watch on May 21

INVP +1.07% The following scheduled company announcements, equity and currency market moves may affect South African markets on Thursday. COMPANIES Full Year 2026 Investec Ltd Earnings SOUTH AFRICAN MARKETS South Africa's rand, stocks and government bonds firmed on Wednesday after data showed April inflation accelerated sharply, raising expectations that the central bank could hike interest rates at its monetary policy meeting next week. On the Johannesburg Stock Exchange, the Top-40 index .JTOPI was up about 0.6%. GLOBAL MARKETS Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers. WALL STREET Wall Street's main indexes rallied more than 1% on Wednesday, bouncing back from a three-day selloff with a boost in sentiment from technology and chip stocks, which rose ahead of Nvidia's quarterly results. GOLD Gold traded steady on Thursday, as rising hopes of a U.S.-Iran peace deal countered fears of inflation and higher-for-longer interest rates. EMERGING MARKETS For the top emerging markets news, double click on - - - - Some of the main stories out in the South African press: NEWS24 - SA braces for price surge as war, El Niño, and municipal rates collide - Standard Bank glitch hands full account control to wrong clients