Events that moved the market 2021
-
14 Jan 2021Source: Wall Street JournalBiden proposes $1.9trn stimulusNewly elected US President Biden introduces details of his stimulus programmes. The first programme entails additional expenditures of US$1.9 trillion that would be entirely debt-financed.
-
18 Jan 2021Source: Nikkei AsiaChina grows 2.3% in 2020China’s full-year growth comes in at 2.3% year-on-year in real terms excluding price fluctuations. It is the lowest in the 44 years since the Cultural Revolution and lower than the 6% achieved in 2019.
-
22 Jan 2021Source: Trading EconomicsJapan deflation at 1%Japanese core prices are down 1.0% versus a year earlier, the worst performance since 2009, despite the hugely aggressive monetary policy of the Bank of Japan.
-
15 Feb 2021Source: BloombergAsian stocks hit new recordSouth Korean and Japanese shares lead Asia higher, with the Nikkei 225 hitting 30,000 for the first time since 1990.
-
15 Feb 2021Source: BloombergCopper and platinum at highsPlatinum rises to its highest level in more than six years and copper to its highest since 2012.
-
9 Mar 2021Source: Statistics SASA GDP shrinks 7%Data shows that SA GDP shrank 7% in 2020, compared with a 0.2% expansion in 2019. This is the biggest decline since 1920.
-
29 Mar 2021Source: BBCEver Given free againAfter nearly a week of blocking the Suez Canal, which normally carries about 12% of global trade and one million barrels of oil a day, the giant container ship Ever Given is finally freed.
-
31 Mar 2021Source: ReutersSA trade surplus growsSouth Africa’s trade surplus widened to R28.96 billion ($1.96 billion) in February from a revised surplus of R12.42 billion in January. Exports increased by 16.5% on a month-on-month basis.
-
13 Apr 2021Source: MoneywebCapitec clients hit by CovidCapitec reports net credit impairments that rose 75% to R7.36 billion for the year to end February. It also saw a 25% falloff in total loans advanced and disbursements. Net income has dropped 9%.
-
13 Apr 2021Source: BloombergBitcoin hits all-time highBitcoin jumps to an all-time high as the mood in cryptocurrencies turn bullish before Coinbase Global goes public.
-
21 Apr 2021Source: BloombergPalladium at new peakThe price of palladium, used to curb emissions, surpasses the previous record set in February 2020. Prices have climbed more than 17% this year, building on five straight annual gains.
-
14 May 2021Source: ReutersTFG flags 85% profit dropHurt by Covid-19-led lockdowns across its markets, TFG flags an up to 85% decline in full-year profit.
-
17 May 2021Source: ReutersSA launches phase 2 vaccinationsSouth Africa launches phase two of its vaccine rollout with the aim of inoculating five million citizens aged over 60 by the end of June.
-
18 May 2021Source: MoneywebHeineken eyes DistellAfter years of speculation of a possible deal between the world’s second largest beer group Heineken and South Africa’s Distell, the two groups announce they’ve entered into discussions.
-
25 May 2021Source: BloombergEskom sheds debtMinister Gorhan announces that Eskom has reduced its debt by almost a fifth after repaying matured loans and benefiting from a strong exchange rate.
-
10 Jun 2021Source: MoneywebSA allows 100MW of own powerIn a surprise move, President Ramaphosa announces that the government will increase the generation threshold for companies to produce their own electricity without a licence to 100MW.
-
22 Jun 2021Source: Naspers/MoneywebNaspers trading profit up 45%Naspers’ annual results show that company revenue grew by 32% to $29.6 billion. Trading profit increased 45% to $5.6 billion.
-
28 Jun 2021Source: eNCASA re-enters lockdown level 4SA re-enters lockdown level 4 with amended restrictions, effectively closing down alcohol-related industries, hospitality and tourism.
-
12 Jul 2021Source: MoneywebSADF deployed among lootingThe South African National Defence Force commences with ‘pre-deployment processes’ to send forces into violence-stricken KwaZulu-Natal.
-
28 Jul 2021Source: BloombergRecord slide for China sharesInvestors shun Chinese-listed companies amid a crackdown by regulators in Beijing. In three trading days, the Nasdaq Golden Dragon China Index plunged more than 19%, its biggest drop on record.
-
12 Aug 2021Source: The Africa ReportSA gets new finance ministerPresident Ramaphosa appoints Enoch Godongwana, chairman of the Development Bank of Southern Africa, after Tito Mboweni resigned.
-
25 Aug 2021Source: Statistics SASA GDP bigger than thoughtStatistics SA reports that the SA economy is 11% bigger than previously thought. Re-basing the South African GDP is a regular exercise that should be done every five years.
-
7 Sept 2021Source: Business Day & MoneywebShoprite pays record dividendShoprite, South Africa’s biggest employer, achieves record sales of R168 billion in the financial year to end June. It declares a record dividend of 544% per share.
-
9 Sept 2021Source: BloombergSA current account hits recordThe balance on the current account, the broadest measure of trade in goods and services, widened to an annualised surplus of 5.6% of GDP, the largest quarterly current account surplus on record.
-
20 Sept 2021Source: ReutersEvergrande at precipiceEmerging markets sink with a 3.3% dive in Hong Kong leading declines as real estate giant China Evergrande hits 11-year lows, staring down a fast approaching debt repayment deadline.
-
20 Sept 2021Source: BER SurveyRetailer confidence at 7-year highImproved sales volumes seen by food and beverages and hardware retailers in Q3 2021 lead the increase in retailer confidence to a seven-year high of 56. The long-term average is 39 points.
-
27 Sept 2021Source: BloombergOil at 3-year highBrent crude oil nears a 3-year high close to the $80/barrel level as supply struggles to keep up with the rising demand for oil.
-
28 Sept 2021Source: BloombergSA fiscus out of redSouth Africa records its first quarterly primary budget surplus since 2018 – for Q2 2021. The government’s primary balance swings to a surplus of R9.8 billion, or 0.6% of GDP.
-
4 Oct 2021Source: BloombergFacebook takes a hitA Facebook outage leads to the share price plummeting 4.9%, adding to a drop of about 15% since mid-September when WSJ revealed that Facebook knew about the harmful effects of its products.
-
10 Nov 2021Source: AP NewsUS inflation at 6.2%The US consumer price index soars 6.2% from a year ago — the biggest 12-month jump since 1990.
-
15 Nov 2021Source: BloombergHeineken to buy DistellHeineken NV offers to buy South African wine and spirits maker Distell Group Holdings NV for 2.2 billion euros.
-
15 Nov 2021Source: MoneywebJSE tops 70 000The JSE closes at a new record high of 70 091 points. Retail giant Shoprite Group ends the day as the top performing stock, after surging almost 7% to a 52-week high.
-
18 Nov 2021Source: SA Reserve BankSA repo rate 3.75%The South African Reserve Bank announces that the repo rate will increase by 25 basis points to 3.75%, on the back of rising inflation. This means that the prime lending rate increases to 7.25%.
-
21 Nov 2021Source: ReutersUK inflation at 10-yr highBritish inflation surges to a 10-year high as household energy bills soar. Consumer prices rose by 4.2% in annual terms in October, leaping from a 3.1% increase in September.
-
25 Nov 2021Source: BBCOmicron variant shuts out SASouth African scientists identify a new Covid-19 variant – later named ‘omicron’. The UK bans all flights from South Africa, followed shortly after by US bans.
-
30 Nov 2021Source: Statistics SASA unemployment at 35%Unemployment in South Africa continues to accelerate, reaching 34.9%, up from 34.4% in the previous quarter.
-
10 Dec 2021Source: CNBCUS inflation at 6.8%The US consumer price index rises 6.8% on a year-over-year basis and the fastest since June 1982.
-
15 Dec 2021Source: Statistics SASA inflation at 5.5%South Africa’s inflation rate jumps to the highest level in almost five years, reaching 5.5%.
-
14 Jan 2021Source: Wall Street JournalBiden proposes $1.9trn stimulusNewly elected US President Biden introduces details of his stimulus programmes. The first programme entails additional expenditures of US$1.9 trillion that would be entirely debt-financed.
-
18 Jan 2021Source: Nikkei AsiaChina grows 2.3% in 2020China’s full-year growth comes in at 2.3% year-on-year in real terms excluding price fluctuations. It is the lowest in the 44 years since the Cultural Revolution and lower than the 6% achieved in 2019.
-
22 Jan 2021Source: Trading EconomicsJapan deflation at 1%Japanese core prices are down 1.0% versus a year earlier, the worst performance since 2009, despite the hugely aggressive monetary policy of the Bank of Japan.
-
15 Feb 2021Source: BloombergAsian stocks hit new recordSouth Korean and Japanese shares lead Asia higher, with the Nikkei 225 hitting 30,000 for the first time since 1990.
-
15 Feb 2021Source: BloombergCopper and platinum at highsPlatinum rises to its highest level in more than six years and copper to its highest since 2012.
-
9 Mar 2021Source: Statistics SASA GDP shrinks 7%Data shows that SA GDP shrank 7% in 2020, compared with a 0.2% expansion in 2019. This is the biggest decline since 1920.
-
29 Mar 2021Source: BBCEver Given free againAfter nearly a week of blocking the Suez Canal, which normally carries about 12% of global trade and one million barrels of oil a day, the giant container ship Ever Given is finally freed.
-
31 Mar 2021Source: ReutersSA trade surplus growsSouth Africa’s trade surplus widened to R28.96 billion ($1.96 billion) in February from a revised surplus of R12.42 billion in January. Exports increased by 16.5% on a month-on-month basis.
-
13 Apr 2021Source: MoneywebCapitec clients hit by CovidCapitec reports net credit impairments that rose 75% to R7.36 billion for the year to end February. It also saw a 25% falloff in total loans advanced and disbursements. Net income has dropped 9%.
-
13 Apr 2021Source: BloombergBitcoin hits all-time highBitcoin jumps to an all-time high as the mood in cryptocurrencies turn bullish before Coinbase Global goes public.
-
21 Apr 2021Source: BloombergPalladium at new peakThe price of palladium, used to curb emissions, surpasses the previous record set in February 2020. Prices have climbed more than 17% this year, building on five straight annual gains.
-
14 May 2021Source: ReutersTFG flags 85% profit dropHurt by Covid-19-led lockdowns across its markets, TFG flags an up to 85% decline in full-year profit.
-
17 May 2021Source: ReutersSA launches phase 2 vaccinationsSouth Africa launches phase two of its vaccine rollout with the aim of inoculating five million citizens aged over 60 by the end of June.
-
18 May 2021Source: MoneywebHeineken eyes DistellAfter years of speculation of a possible deal between the world’s second largest beer group Heineken and South Africa’s Distell, the two groups announce they’ve entered into discussions.
-
25 May 2021Source: BloombergEskom sheds debtMinister Gorhan announces that Eskom has reduced its debt by almost a fifth after repaying matured loans and benefiting from a strong exchange rate.
-
10 Jun 2021Source: MoneywebSA allows 100MW of own powerIn a surprise move, President Ramaphosa announces that the government will increase the generation threshold for companies to produce their own electricity without a licence to 100MW.
-
22 Jun 2021Source: Naspers/MoneywebNaspers trading profit up 45%Naspers’ annual results show that company revenue grew by 32% to $29.6 billion. Trading profit increased 45% to $5.6 billion.
-
28 Jun 2021Source: eNCASA re-enters lockdown level 4SA re-enters lockdown level 4 with amended restrictions, effectively closing down alcohol-related industries, hospitality and tourism.
-
12 Jul 2021Source: MoneywebSADF deployed among lootingThe South African National Defence Force commences with ‘pre-deployment processes’ to send forces into violence-stricken KwaZulu-Natal.
-
28 Jul 2021Source: BloombergRecord slide for China sharesInvestors shun Chinese-listed companies amid a crackdown by regulators in Beijing. In three trading days, the Nasdaq Golden Dragon China Index plunged more than 19%, its biggest drop on record.
-
12 Aug 2021Source: The Africa ReportSA gets new finance ministerPresident Ramaphosa appoints Enoch Godongwana, chairman of the Development Bank of Southern Africa, after Tito Mboweni resigned.
-
25 Aug 2021Source: Statistics SASA GDP bigger than thoughtStatistics SA reports that the SA economy is 11% bigger than previously thought. Re-basing the South African GDP is a regular exercise that should be done every five years.
-
7 Sept 2021Source: Business Day & MoneywebShoprite pays record dividendShoprite, South Africa’s biggest employer, achieves record sales of R168 billion in the financial year to end June. It declares a record dividend of 544% per share.
-
9 Sept 2021Source: BloombergSA current account hits recordThe balance on the current account, the broadest measure of trade in goods and services, widened to an annualised surplus of 5.6% of GDP, the largest quarterly current account surplus on record.
-
20 Sept 2021Source: ReutersEvergrande at precipiceEmerging markets sink with a 3.3% dive in Hong Kong leading declines as real estate giant China Evergrande hits 11-year lows, staring down a fast approaching debt repayment deadline.
-
20 Sept 2021Source: BER SurveyRetailer confidence at 7-year highImproved sales volumes seen by food and beverages and hardware retailers in Q3 2021 lead the increase in retailer confidence to a seven-year high of 56. The long-term average is 39 points.
-
27 Sept 2021Source: BloombergOil at 3-year highBrent crude oil nears a 3-year high close to the $80/barrel level as supply struggles to keep up with the rising demand for oil.
-
28 Sept 2021Source: BloombergSA fiscus out of redSouth Africa records its first quarterly primary budget surplus since 2018 – for Q2 2021. The government’s primary balance swings to a surplus of R9.8 billion, or 0.6% of GDP.
-
4 Oct 2021Source: BloombergFacebook takes a hitA Facebook outage leads to the share price plummeting 4.9%, adding to a drop of about 15% since mid-September when WSJ revealed that Facebook knew about the harmful effects of its products.
-
10 Nov 2021Source: AP NewsUS inflation at 6.2%The US consumer price index soars 6.2% from a year ago — the biggest 12-month jump since 1990.
-
15 Nov 2021Source: BloombergHeineken to buy DistellHeineken NV offers to buy South African wine and spirits maker Distell Group Holdings NV for 2.2 billion euros.
-
15 Nov 2021Source: MoneywebJSE tops 70 000The JSE closes at a new record high of 70 091 points. Retail giant Shoprite Group ends the day as the top performing stock, after surging almost 7% to a 52-week high.
-
18 Nov 2021Source: SA Reserve BankSA repo rate 3.75%The South African Reserve Bank announces that the repo rate will increase by 25 basis points to 3.75%, on the back of rising inflation. This means that the prime lending rate increases to 7.25%.
-
21 Nov 2021Source: ReutersUK inflation at 10-yr highBritish inflation surges to a 10-year high as household energy bills soar. Consumer prices rose by 4.2% in annual terms in October, leaping from a 3.1% increase in September.
-
25 Nov 2021Source: BBCOmicron variant shuts out SASouth African scientists identify a new Covid-19 variant – later named ‘omicron’. The UK bans all flights from South Africa, followed shortly after by US bans.
-
30 Nov 2021Source: Statistics SASA unemployment at 35%Unemployment in South Africa continues to accelerate, reaching 34.9%, up from 34.4% in the previous quarter.
-
10 Dec 2021Source: CNBCUS inflation at 6.8%The US consumer price index rises 6.8% on a year-over-year basis and the fastest since June 1982.
-
15 Dec 2021Source: Statistics SASA inflation at 5.5%South Africa’s inflation rate jumps to the highest level in almost five years, reaching 5.5%.
Please click here to download the pdf version.
Related Articles
No related photos.
Comments are closed.