Market Standard 24 August 2020

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "Market Standard 24 August 2020" was published on August 24, 2020 and runs 61 minutes.

August 24, 2020 ·61m · WorldWide Markets with Simon Brown

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Episode Description

Offshore
/ New highs for the S&P500 (and Nasdaq)
/ Between the market high on Feb. 19 and new high on Aug. 18, 38% of stocks in the index made gains while the remaining 62% posted losses

/ Apple hits US$2trillion and gets into a fight with Fortnight

/ Ryanair cuts September, October capacity by 20% on weak bookings

/ Japan's economy shrank by nearly 28% in the second quarter & consumer spending declined 8.2% in the period

/ Gold struggling to hold onto $2,000

Local
/ Standard Bank kicks off banking earning season

/ Afrimat buys Coza iron ore for R300m

/ Tigerbrands sells value-added meat products business 7 HEPS 35%-40% lower.

/ Curro results & ADvTech update

/ PSG unbundles Capitec at close on Tuesday. 14 for every 100 PSG shares.

/ Goldfields HEPS up 4x as Nick Holland quits as CEO.

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