JSE Direct with Simon Brown

Market Standard 30 November 2020

Nov. 30, 2020

Offshore

/ U.K. economy is forecast to contract by 11.3% this year, "the largest fall in output for 300 years," Chancellor Rishi Sunak tells MPs

/ Musk now the worlds second richest person

/ Janet Yellen tipped for Biden cabinet as Treasury Secretary

/ China imposing tariffs on Australia, especially their wine.

/ Down Jones trades above 30,000 for the first time.

/ Black Friday 2020 online shopping surges 22% to record $9 billion, Adobe says

Local

/ Huge $5billion share buy-back from Prosus and Naspers

/ Firstrand update "the earnings trend for the four months from 1 July 2020 to 31 October 2020 is reflecting a better than anticipated rebound."

/ EOH CEO, Steven van Collier testifies at the Zondo Commission

/ Lewis results and dividend results on a dividend yield of +11%

/ Acquisition and baby range expand Mr Price’s markets

/ Gold under serious pressure

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