South African Markets - Factors to watch on Nov 28

JOHANNESBURG, Nov 28 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.

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GLOBAL MARKETS

Asian stocks edged up in quiet trade on Friday, as investors sifted through the remains of a record sixth consecutive month of falls for global equity markets, hoping to find some bargains as 2008 winds down.

The MSCI index of Asia Pacific stocks outside of Japan .MIAPJ0000PUS climbed 1.3 percent, putting in on track for a sixth day of gains. The index was still locked in a steep downward trend that has knocked it down about 57 percent so far this year. Hong Kong's Hang Seng index .HSI rose 2 percent, led by China Mobile (0941.HK), whose recent gains and been lower than the broader market.

For a story, please double click on [ID:nSP258256].

INDIA

India's stock market and the rupee fell on Friday and government bond yields inched up as trading resumed after deadly attacks in the financial capital, Mumbai, which shut its markets for a day and killed at least 121 people.

The benchmark share index .BSESN dropped 1.5 percent at the start of trade but then recouped some losses to stand 0.6 percent down from its previous close on Wednesday, at 8,993.17 points.

For a story, please double click on [ID:nBOM264249].

SOUTH AFRICAN MARKETS

South African stocks raced higher for the fifth straight day on Thursday, buoyed by firmer European equities and local inflation data backing an interest rate cut, while the rand firmed slightly in a quiet session.

The Johannesburg Top-40 index of blue-chip stocks .JTOPI climbed 4.58 percent to 19,459.59 points while the All-share index rose 4.04 percent to 21,301.01 points, boosted by a strong previous session on Wall Street and gains in Europe.

For Thursday's South African financial markets closing report, double click on [ID:nLR387854].