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Recommended Watchlist Exxon Mobil Corp. - XOM:US New York – Better-than-expected results

The Fear/Greed Index : What emotion is driving the markets

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Close 1D % 5D % YTD %

Close 1D % 5D % YTD %

ASX200 5849,21 0,14 -4,52 -3,56

Shanghai 2676,48 2,70 -5,13 -19,07

Close 1D % 5D % YTD %

Close 1D % 5D % YTD %

13,89

Hang Seng 26486,35 4,21 -2,36 -11,47

Nikkei 225 22243,66 2,56 -8,35 -2,29

CAC 40 5102,13 0,32 -6,69 -3,96

DAX 30 11518,99 0,44 -6,26 -10,83

FTSE 7094,12 -0,29 -5,09 -7,72

Nasdaq 7356,99 -1,04 -8,03 6,57

S&P 500 2723,06 -0,63 -6,85 1,85

Dow Jones 25270,83 -0,43 -5,61 2,23

Small Cap 53717,10 0,69 -1,60 -11,90

Financial 15 16566,50 3,10 2,07 -7,31

Industrial 25 66302,80 1,85 -2,57 -16,16

Resource 10 41335,70 -0,90 -5,89

70226,60 0,71 2,67 -12,48

Alsi 48170,00 1,49 -3,68 -9,41

-8,80

Top 40

All Share 54271,20 1,29 -2,17

Monday | 05 Nov 2018 07:30 (+27) 11 781 4454www.randswiss.com

Morning Note

Global Overview

YTD %Close 1D % 5D %

-8,7447943,70 1,45 -2,68

The JSE ended the week off on a high note, buoyed by some broad-based gains. The

uptick was partly due to improved sentiment following reports that US President Donald

Trump was confident that a trade deal with China could be reached. Overall, the All Share

added 1.29% to settle at 54,271.2 index points, while the Top 40 managed to gain 1.45%.

The banking index featured among the top performers after it rose 3.81%, supported by a

4.79% surge in FirstRand and a 3.75% increase in Absa. Industrials also ended in positive

territory, with Naspers gaining 2.99%, while general retailers received a boost from a

4.08% uptick in Shoprite.

European indices ended mostly higher on Friday, with the exception of the FTSE 100,

helped along by easing concerns over global trade. The Stoxx 600 added 0.28% during

the session to settle at 364.08 points, with the index trimming some of its gains as the

session progressed. The German DAX featured among the region’s top performers, up

0.44%, followed by a 0.32% increase in the French CAC 40 as it moved to close at just

above the 5,100 index point level. In contrast, the FTSE 100 shed 0.29%, with IAG, the

parent of British Airways, ending 0.61% lower.

Wall Street declined during the previous session, negatively affected by a slump in Apple

and amid some confusion over prospects of a solution to the trade war between China and

the US. The NASDAQ led the region’s losses after it shed 1.04%, dragged lower by a

6.63% slump in Apple after the group released its latest results on Thursday. Meanwhile,

the S&P 500 ended 0.63% lower, followed by a 0.43% decline in the Dow Jones. Despite

the losses, both the Dow and S&P 500 added 2.4% last week, while the NASDAQ rose

2.7%. Among specific shares, Starbucks surged 9.7% and Kraft Heinz shed 9.73% after

both groups issued their results.

This morning saw Asian markets get off to a poor start, impacted by uncertainty regarding

a possible trade deal between China and the US. Mainland indices led the losses, with the

Hang Seng slumping 2.38% to 25,855.40 index points. Meanwhile, the Japanese Nikkei

shed 1.32%, partly offsetting Friday’s 2.56% surge and on track to end lower for the

second time in three sessions. The Shanghai Composite had fallen 1% by the break to

2,649.84 index points, followed by a 0.33% decline in the Australian ASX with both indices

set to end their recent run of gains.

Mid Cap

Friday saw Exxon Mobil add 1.59% following the release of better-than-expected quarterly

results, buoyed by higher oil prices and an increase in oil output from the US Permian

Basin. During the period, revenues increased to $76.61bn, easily topping forecasts of

$73.55bn. Overall, the world’s largest publicly traded oil and gas company reported a 57%

surge in profits to $6.24bn. On a per share basis, adjusted earnings stood at $1.46, much

higher than analysts’ forecasts of $1.23. This strong performance was partly due to its

refining business, but downtime at international refineries continued to drag on earnings.

Lastly, cash flow from operations came in at $11.1bn, its best reading in four years.

Page 1

Ab Inbev 109246 -1,10 1,53 -20,22

Aspen 16716 1,42 17,65 -39,76

Bidcorp 28369 -0,81 7,83 -5,75

Bidvest 18712 3,10 4,54 -14,20

Mediclinic 7642 4,71 16,87 -28,16

Mondi 34365 -0,39 3,13 7,64

Naspers 289897 2,99 13,29 -16,00

The Foschini Group 16850 2,01 8,47 -14,61

Neutral

Sasol 47847 -1,04 0,73 11,75

Shoprite 18813 4,08 2,89 -14,95

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Shanghai Composite

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0 25 50 75 100Extreme Fear Fear Neutral Greed Extreme Greed

Create an Account

Free Demo11

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Chart of the day

Exxon Mobil Corp. 20D SMA

Expected Economic Calendar Local SENS Announcements

Selected Releases

Dividend Data

Expected Corporate Reporting Schedule

Best One-Day Performers Worst One-Day Performers

Commodity Headlines Currency Headlines

Prev.Period Exp.Time Area Event / Release

9:15 SA Standard Bank PMI Oct 50.2 48

11:30 SA SACCI Business Confidence Oct 92.5 93.3

3:45 CNY Caixin Services PMI Oct 52.9 53.1

10:00 EUR Spanish Unemployment Change Oct -- 20.4K

11:30 EUR Sentix Investor Confidence Oct 9.9 11.4

11:30 GBP Services PMI Oct 53.4 53.9

15:10 CAD BOC Gov Poloz Speaks -- -- --

ACT Div @ 16.00 cpsAfrocentric

Code DividendCompany

06 NovLast date to trade

16:45 USD Final Services PMI Oct 54.7 54.7

17:00 USD ISM Non-Manufacturing PMI Oct 59.3 61.6

Atlantic Leaf Properties ALP Div @ 4.65 GBPp

Cargo Carriers CRG Div @ 7.30 cps

Octodec Investments OCT Div @ 101.70 cps

PSG Group PSG Div @ 152.00 cps

DateTypeCodeCompany

Richemont CFR Interim 09 Nov

Telkom TKG Interim 09 Nov

Final 05 NovRDFRedefine Properties

Indluplace Properties ILU Final 08 Nov

Rebosis Property REB Final 08 Nov

JSE All Share Winners & Losers

Close YTD % 1D %CodeCompany 1D % YTD % Close Code Company

149 PAN Pan African Resources

CGR Calgro M3 Holdings

-2,20 -10,77 7986 SAP Sappi

3748 S32 South32

-2,77 -20,88 21195 ARL Astral Foods

-2,32 10,24

62600

Brimstone Inv Corp BRN 960 -14,67 6,67

2272 -6,89 7,07MPTMpact

Accelerate Prop Fund APF 446 -13,40 6,19

Royal Bafokeng Platinum RBP 2775 -0,89 5,92

Tsogo Sun Holdings TSH 2177 -10,63 5,68

RMB Holdings RMH 7907 -0,13 5,57

AfroCentric Investments ACT 520 -18,75 5,05

Firstrand FSR 6851 1,87 4,79

Mediclinic International Plc MEI 7642 -28,16 4,71

Nampak NPK 1548 -4,56 4,38

Old Mutual Limited OMU 2373 --- 4,12

Shoprite Holdings SHP 18813 -14,95 4,08

Absa Group ABG 15874 -12,78 3,75

Arrowhead Properties AWA 561 -14,35 3,70

Rebosis Property Fund REB 650 -34,21 3,67

African Rainbow Minerals ARI 13467 0,32 3,64

Standard Bank Group SBK 17347 -11,34 3,63

Clover Industries CLR 1742 32,98 3,51

Impala Platinum Holdings IMP 2845 -12,30 3,45

24385 RNI Reinet Investments

6053 GLN Glencore Plc

-1,77 -11,00

-1,81 -39,36

-1,97 -37,92

-2,06 -5,95

8313 PFG Pioneer Foods Group

BTI British American Tob.

-3,07 -58,93 727 ASC Ascendis Health

-2,87 -24,53

Balwin Properties

-4,00 -33,33

766 CRP Capital & Regional

-3,90 -50,37 3347 EOH EOH Holdings

-3,40 -23,40

KAP Industrial Holdings

Commodities & Currencies

Oil prices ended slightly lower on Friday, negatively affected by reports that the US will

temporarily spare eight jurisdictions from Iran-related sanctions. As a result, the waivers

could allow top buyers to carry on importing Iranian oil after penalties come back into

effect today. In response, Brent crude lost $0.06 to $72.83 per barrel. This morning saw

the industrial commodity extend its recent declines, down 0.47% at $72.49 per barrel.

Lastly, spot gold was also lower this morning after it lost 0.06% to $1,232.13/oz, while iron

ore shed 0.1% to $72.92 per tonne.

The rand firmed against most major global currencies on Friday, despite the release of

better-than-expected US jobs data. During October, the US economy added a massive

250,000 jobs, sharply higher than expectations of 190,000. In addition, the 12-month rate

of hourly wage gains increased by 30 basis points to 3.1%, a nine-year high. After trading

at R14.45/$ at 5:30, the local currency moved to a high of R14.24/$ at 16:30. Finally, after

erasing some of its gains to trade at R14.40/$ at 18:45, the rand was last at just above the

R14.34/$ level this morning.

-6,14 16,62 2646 HAR Harmony

-5,28 -35,88 9498 NT1 Net 1 UEPS Technologies

1200 TDH Tradehold

-4,29 -34,31 335 BWN

YTD %% Chg Close 1D % 5D %Last tradedCommodity Pair Last traded % Chg Close 1D % 5D % YTD %

-8,03 -48,44 825

Disclaimer: This note is prepared for Rand Swiss by K2013143132 (Pty) Ltd trading as Thompson Green. Thompson Green is an independent company contracted to Rand Swiss. The views expressed in this note are those of Thompson Green and/or its

analysts and not necessarily the views of Rand Swiss, Rand Swiss or any officer or agent thereof. K2013143132 (Pty) Ltd trading as Thompson Green is a research house and not a registered broker, financial advisor or financial service provider. Our editors

and customer services teams also do not give personal investment advice. The information in this document is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing

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Platinum ($) 870,45 0,40 867,00 1,23 4,46 -6,62

-5,38-0,03 1232,53 -0,07 -0,071232,13Gold ($) USDZAR 14,3446 0,36 14,2937 -0,77 -2,12 15,42

Brent Crude ($) 72,35 -0,28 72,55 -0,26 -6,56 8,92

EURUSD 1,1391 0,03 1,1388 -0,18 -0,13 -5,16

USDJPY 113,2520 0,04 113,2025 0,45 1,17 0,46

African Rainbow Capital Investments: On Friday, AIL released a SENS announcement

regarding the regulatory approval secured to acquire TymeDigital. Further to the

announcement released on SENS on the 8th of August 2018, African Rainbow Capital

Investments announced that its controlling shareholder, African Rainbow Capital (ARC),

has obtained approval from the Prudential Authority of the South African Reserve Bank to

acquire 90% of TymeDigital. TymeDigital is a registered South African bank with a strong

fintech focus. It was previously majority owned by the Commonwealth Bank of Australia

(CBA), a leading banking group in its core markets of Australia and New Zealand. As it

stands, all necessary regulatory approvals for the acquisition have been obtained,

including approval from the Competition Commission and the acquisition is therefore

unconditional. Lastly, TymeDigital will change its name to TymeBank when it officially

launches to the South African public.

-6,38 -25,42 440 NVS Novus Holdings

-4,84 -3,65 766 KAP

-1,63 8,21 2110 STP Stenprop

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