JSE Direct with Simon Brown

Market Standard 29 June 2020

June 29, 2020


/ US existing home sales fell 9.7% the lowest level since October 2010. US jobless claims dropped to 1.48m

/ Wirecard into bankruptcy. EY never checked the bank account of the missing cash for 3 years.

/ HS Markit’s Eurozone PMI Composite Output Index rose to 47.5 in June,

/ Microsoft permanently shutting retail stores

/ Nike reports unexpected loss as sales tumble 38%

/ Boeing 737 MAX certification flight tests to begin today


/ Supplementary budget & GDP tomorrow

/ Capital raises; City Lodge, Sun International, Pepkor, Harmony

/ Stor-Age* results

/ Telkom results, dividend cancelled to fund spectrum

/ Intu is not able to make a deal with lenders. Stock suspended on the JSE

/ Solid JSE trading update as volumes soared during the period

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