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South African Markets - Factors to watch on December 24

South African Markets - Factors to watch on December 24

Pepkor Holdings Ltd.December 24, 20255
South African Markets - Factors to watch on December 24

About this update from Pepkor Holdings Ltd.

The following equity and currency market moves may affect South African markets on Wednesday.SOUTH AFRICAN MARKETSThe South African rand chalked up further gains against the dollar on Tuesday, helped by gold prices reaching another record high. GLOBAL MARKETSAsian shares advanced on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities such as gold and silver extended their bullish run to new all-time highs as 2025 draws to a close. WALL STREETU.S. stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth pushed bond yields higher and elevated growth names. GOLDGold surged past the $4,500-an-ounce mark for the first time on Wednesday, while silver and platinum also scaled record highs, as investors piled into precious metals on safe-haven demand and expectations that U.S. interest rates will fall further next year. EMERGING MARKETSFor the top emerging markets news, double click on - - - - Some of the main stories out in the South African press:BUSINESS DAY- Murray & Roberts (MURJ.J) to exit JSE in JanuaryNEWS24- Pepkor JSE:PPH strengthens its board with ex-Investec CEO as it eyes banking expansion

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