JSEDirect with Simon Brown

MarketStandard 08 June 2020


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Global

/ US May unemployment rate seriously strong at 13.3%

/ PMI bounces from April lows but still below 50

/ China May exports slip back into contraction, imports worst in four years

/ Opec extend cuts by another month

/ AstraZeneca Approaches Gilead About Potential Merger

local

/ Apple mobility and Yoco transaction data shows about 65% economic activity in week 1 of level 3

/ JSE allows share issues without shareholder approval

/ Rand below 17 as foreigners buy our bonds and equity

/ Reserve Bank takes up R10.2bn in government bonds in May

/ More banking updates

/ Bidvest update gives insight to Comair and Adcock Ingram

/ Capital Appreciation solid results and increased dividend as they operate in payment terminals and cloud services (there are always some winner)

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Levi opening stores and they say “everybody has a new size, a larger size”

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JSEDirect with Simon BrownBy www.JustOneLap.com