Market Standard 31 August 2020
An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "Market Standard 31 August 2020" was published on August 31, 2020 and runs 65 minutes.
August 31, 2020 ·65m · WorldWide Markets with Simon Brown
Episode Description
Offshore
/ Tesla and Apple stock split today
/ Changes to the dow Jones; Salesforce.com will replace Exxon Mobil, Amgen will replace Pfizer and Honeywell International will replace Raytheon Technologies
/ Reports that Walmart and Microsoft liked up to buy TicTok
/ ADP Employment Report on Wednesday
/ New Zealand exchange closes three times last week after cyber attacks
/ CNBC reports that U.S. tech stocks are now worth more than the entire European stock market
Local
/ Discovery updated update spooks markets
/ Famous Brands sells Tashas back to founder
/ Nedbank results (we now have 3 of the big 4)
/ Italtile results (still spending R800m on capex a year)
/ Northam results, great albeit 60% of their PGM basket is platinum. Buying back Zambezi pref shares.
/ Murray and Roberts results. Was a tough year but doing alright before the pandemic hit in March.
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