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The Investec Purchasing Managers Index (PMI) declined unexpectedly and sharply to the neutral level of 50 in November, compared to a reading of 54.1 in October.
OMAM sa and Investment Solutions economists say the signs are good...
"News flow, spurred by a positive global environment (with the notable exception of oil) coupled with positive local dynamics, continues to be favourable.
The All Share bled 2.43 pints, led by resources shedding 3.36 pints and gold giving back 5.34 pints. This despite the currency shedding 0.36% against the dollar and 0.60 against the European currencies. Commodities reacted to the stronger dollar with gold
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?