Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

UPDATE 1-South African rand weak as SARB lifts repo rate again [Reuters]

D/B/A Sibanye-Stillwater Limited ADS (SBSW) 
Company Research Source: Reuters
At 1609 GMT, the rand traded at 17.0150 against the dollar, 0.29% weaker than its previous close. The move to 7%, which was forecast by a majority of economists polled by Reuters, came after Wednesday's data showed annual consumer inflation rose to 7.6% in October from 7.5% in September, a first rise after two consecutive declines. The South African Reserve Bank has now raised rates seven times in a row, lifting its repo rate by 350 bps since November 2021. The Monetary Policy Committee (MPC) also cut its economic growth forecast for 2022 to 1.8%, from 1.9% previously. It forecast growth of 0.4% in the third quarter and 0.1% in the final quarter, which the governor said was due to “record load shedding”. “Heading into the meeting, the market's pricing was split between a 50 bp and a 75 bp outcome, so the reaction from the rand and rates was minimal following the announcement,” Carmen Nel, Economist and Macro Strategist at Matrix Fund Managers said. “The rand was also unaffe Show less Read more
Impact Snapshot
Event Time:
SBSW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SBSW alerts
Opt-in for
SBSW alerts

from News Quantified
Opt-in for
SBSW alerts

from News Quantified