JSE Direct with Simon Brown

Market Standard 17 August 2020

Aug. 17, 2020

Offshore
US Retail sales disappoint - rise 1.2% in July vs 7.5% gain in June
But new unemployment claims finally drops below 1million, the first time in 21 weeks

UK GDP horror

Chinese retail sales dropped 1.1% YoY, for the 7th seventh month

US stimulus (trump EOs)

Tesla 5:1 split via a special dividend

Airbnb is filing for IPO this month with plans to go public by the end of the year.

Local
Sasol results (before open on Monday)

Level 2 here we come?

Capital Counties results

City Lodge new shares start trading, they need about 35% occupancy to break even.

Richemont ‘loyalty dividend’ a three-year warrant.

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