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Anheuser-Busch InBev and British American Tobacco are two of the companies reporting results, and SA is expected to have recorded a R14bn trade deficit in January

Traders work on the floor of the New York Stock Exchange in New York, the US, on February 27 2019. REUTERS/BRENDAN MCDERMIDBrewer Anheuser-Busch InBev and cigarette maker British American Tobacco are both scheduled to release their 2018 financial year results.

The SA Reserve Bank is scheduled to report January’s money supply and private sector credit extension figures at 8am. The fortunes of platinum group metals miners have been boosted by a strong run in the palladium price, which has convincingly overtaken gold in the first two months of 2019 after a neck-and-neck race in December.Mondi said in a trading statement on February 15 that it expected HEPS for the year to end-December to have grown about 27%.

Investec Bank economist Kamilla Kaplan forecast SA’s trade balance registered a sizeable deficit of R14.2bn in January.

Source: News Formal (newsformal.com)

 

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