Geopolitics Alpha

ANC faces anger over poor services as South Africans vote in local elections

Published . Updated .

Key takeaways

  • Party expected to get less than a third of the vote amid frustration over water outages and power cuts
  • Exposed: XLU, EZA, NEE, DUK, SO
  • Market reaction: price tracking starts with the next trading session.

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ANC faces anger over poor services as South Africans vote in local elections

Party expected to get less than a third of the vote amid frustration over water outages and power cuts

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLU Utilities Select Sector SPDR+3.0% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “power cuts” (power and utilities) in this story.

  • EZA iShares MSCI South Africa ETF-4.7% 9d

    iShares MSCI South Africa ETF holds stocks listed in South Africa, which this story is about (“south african”).

  • NEE NextEra Energy+10.5% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story.

  • DUK Duke Energy+7.5% 30d

    Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story.

  • SO The Southern+9.7% 30d

    The Southern (electric services): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story.

  • AWK American Water Works+6.3% 30d

    American Water Works (water supply): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLU-2.14%+0.05%baseafter closeafter closeafter closeafter close
EZA+1.88%-1.93%baseafter closeafter closeafter closeafter close
NEE-3.87%-0.66%baseafter closeafter closeafter closeafter close
DUK-2.27%+0.74%baseafter closeafter closeafter closeafter close
SO-2.34%-0.06%baseafter closeafter closeafter closeafter close
AWK-4.50%-1.39%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Party expected to get less than a third of the vote amid frustration over water outages and power cuts The African National Congress is on course for a bruising result in South Africa’s local elections on Wednesday as voters go to the poll…

Source: The Guardian

Select Sector Spdr Tr (XLU) since this story, compared with the market

CompanyWhenMoveStatus
American Water Works (AWK)three days earlier-1.39%final price
American Water Works (AWK)five days earlier-4.50%final price
Duke Energy (DUK)three days earlier+0.74%final price
Duke Energy (DUK)five days earlier-2.27%final price
Ishares (EZA)three days earlier-1.93%final price
Ishares (EZA)five days earlier+1.88%final price
Nextera Energy (NEE)three days earlier-0.66%final price
Nextera Energy (NEE)five days earlier-3.87%final price
Southern (SO)three days earlier-0.06%final price
Southern (SO)five days earlier-2.34%final price
Select Sector Spdr Tr (XLU)three days earlier+0.05%final price
Select Sector Spdr Tr (XLU)five days earlier-2.14%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Select Sector Spdr Tr (XLU)

Companies tied to this story

  • XLU Select Sector Spdr Tr

    For “ANC faces anger over poor services as South Africans vote in local elections,” Select Sector Spdr Tr (XLU) is linked, with no stored direction, medium confidence. Reason on file: Utilities Select Sector SPDR: it holds power utilities. Linked by “power cuts” (power and utilities) in this story

  • EZA Ishares

    Ishares (EZA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ANC faces anger over poor services as South Africans vote in local elections.” Reason on file: iShares MSCI South Africa ETF holds stocks listed in South Africa, which this story is about (“south african”)

  • NEE Nextera Energy

    Nextera Energy (NEE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ANC faces anger over poor services as South Africans vote in local elections.” Reason on file: NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story

  • DUK Duke Energy

    For “ANC faces anger over poor services as South Africans vote in local elections,” Duke Energy (DUK) is linked, with no stored direction, medium confidence. Reason on file: Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story

  • SO Southern

    For “ANC faces anger over poor services as South Africans vote in local elections,” Southern (SO) is linked, with no stored direction, medium confidence. Reason on file: The Southern (electric services): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story

  • AWK American Water Works

    For “ANC faces anger over poor services as South Africans vote in local elections,” American Water Works (AWK) is linked, with no stored direction, medium confidence. Reason on file: American Water Works (water supply): power demand and prices drive utility earnings. Linked by “power cuts” (power and utilities) in this story

Select Sector Spdr Tr (XLU)

“ANC faces anger over poor services as South Africans vote in local elections” (4 Nov 2026) reaches Select Sector Spdr Tr (XLU) through this story.

Select Sector Spdr Tr (XLU) is on the page because Utilities Select Sector SPDR: it holds power utilities. Linked by “power cuts” (power and utilities) in this story

Ishares (EZA) is here too. Its reason reads: iShares MSCI South Africa ETF holds stocks listed in South Africa, which this story is about (“south african”)

Dates in the story, and the Select Sector Spdr Tr (XLU) price range

EZA traded between 61.39 and 64.36 across 6 sessions. The latest close on file is 64.36. NEE traded between 76.42 and 85.57 across 20 sessions. The latest close on file is 84.32. XLU traded between 39.05 and 42.88 across 20 sessions. The latest close on file is 42.56.

How strong the case is around Select Sector Spdr Tr (XLU)

46 out of 100

“ANC faces anger over poor services as South Africans vote in local elections” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.