African stock market | South Africa's stock index closed down more than 0.4%, led by basic metal mining stocks Glencore, Anglo-American and BHP Billiton. On Tuesday (December 10th), South Africa's FTSE /JSE Africa Leading 40 Tradeable Index closed down 0.44% to 78,703.60 points. Glencore, a constituent stock, closed down 2.56%, Anglo-American Company fell 1.99%, BHP Billiton Group fell 1.74%, ranking third from the bottom, Jintian Company rose 0.75%, ranking sixth, and harmony Gold rose 0.81%, ranking fifth. The South African rand is currently down 0.56% against the US dollar, temporarily reporting 17.8720 rand, which is the highest level since November 11, which was set on Monday.Market news: Tesla (TSLA.O) is negotiating with DLF, India's largest real estate developer, about the exhibition hall space.Syria's new rulers have told business leaders that they seek to turn to a free market economy.
Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization: I still believe that countries will finalize the international convention on pandemic prevention, preparedness and response before May 2025.Jiayun Technology: The company received the "Execution Ruling" and the control right is planned to change. Jiayun Technology announced that 135 million shares of the company (accounting for 21.31% of the company's total share capital) held by Jiasu Network, the controlling shareholder of the company, were sold by the judiciary and won by Hainan Xin Yuhang Investment Co., Ltd. According to the Execution Ruling issued by Dongguan Intermediate People's Court, the ownership of the above shares will be transferred to Hainan Xin Yuhang Investment Co., Ltd.. If the subsequent transfer is completed, the control right of the company will change, and Hainan Xin Yuhang Investment Co., Ltd. will become the controlling shareholder of the company.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.
United States Department of Agriculture (USDA): It is estimated that the total inventory of wheat in the United States at the end of the period will be 795 million bushels, and analysts expect 815.08 million bushels. USDA had previously expected 815 million bushels.White House: The United States is in close contact with Turkish and Syrian democratic forces on the issue of Mambiji. At present, there is no discussion about changing the policy of the Sharm el-Liberation Organization, but we are observing their actions.China Pacific Insurance: In the first 11 months, the accumulated life insurance premium income was 228.8 billion yuan. China Pacific Insurance announced that during the period from January 1, 2024 to November 30, 2024, the accumulated original insurance premium income of China Pacific Life Insurance Co., Ltd., a subsidiary of the company, was 228.842 billion yuan, up 2.2% year-on-year. The accumulated original insurance premium income of China Pacific Property Insurance Co., Ltd. was 187.033 billion yuan, up 7.7% year-on-year.
Strategy guide
12-14
Strategy guide
Strategy guide
12-14