African market factors and outlook Feb. 19, 2018

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The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Monday.
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 GLOBAL MARKETS
 Asian shares gained on Monday, joining a global recovery for
 equity markets as sentiment improved gradually from a recent
 shakeout that stemmed from fears of creeping inflation and
 higher borrowing costs.
            
 
 WORLD OIL PRICES
 Oil prices extended gains to hit their highest level in
 nearly two weeks on Monday, buoyed as Asian shares joined a
 global recovery in equity markets and by worries over
 tensions in the Middle East.
      
   
 
 SOUTH AFRICA MARKETS
 South Africa's rand surrendered some gains on Friday but
 remained near its three-year best ahead of Cyril Ramaphosa's
 maiden state of the nation address after he was sworn in as
 the country's president.
             
 
 KENYA MARKETS
 The Kenyan shilling        held steady against the dollar on
 Friday, supported by horticulture export earnings and
 remittances sent by citizens living abroad, traders said.
             
 
 SUDAN POLITICS
 Sudanese authorities said on Sunday they would release more
 than 80 political prisoners from jails in the capital
 Khartoum, a week after the African country appointed a new
 security chief.
             
 
 SOUTH AFRICA MINING
 A South African industry group representing mining companies
 has agreed to postpone a court challenge against new
 regulations that included a requirement for more black
 ownership of mines, to allow for negotiations with new
 President Cyril Ramaphosa.