JSE Direct with Simon Brown

Market Standard 20 July 2020

July 20, 2020


/ US jobless claims remain at around 1.3million

/ Netflix drops 9% on weak Q3 guidance.

/ Jamie Dimon’s warning for the U.S. economy — nobody knows what comes next

/ Amazon stock had its worst week since February

/ Fiscal Cliffs Threaten Fragile U.S. Recovery as stimulus expires late July

/ Qantas has removed all of its international flights until March of 2021


/ Tsogo Sun Hotels sells Maia resort for wild price

/ CPI May 2.1%, lowest since Sep2004

/ astral enters the quantum fray and price still flying

/ Diamond sales collapse and Richemont update

/ Rights issues announced, TFG R3.95 billion (40 per 100 shares, 40% discount), SUI R1.2billion (93 per 100 shares, 25% discount)

/ Spur CEO resigns

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