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According to RMBAM and Business Day, the rand carved out modest gains yesterday as the dollar slipped on the back of tame US inflation data, but gains were capped, with traders reluctant to hold short-dollar positions.
Quentin Smith, investment communications manager at OMAM in the UK reports that the London market moved lower last week as optimism over hopes of a Chinese yuan revaluation and continued M&A activity were offset by a number of major stocks going ex divide
Shaun le Roux at Alphen Asset Management says that a few cups of apple tea later, all the carpets in the shop are strewn on the floor before you are being offered "once in a lifetime" deals only because the salesman likes your face, knows you come from Af
On Friday the JSE Securities Exchange (-1.54%) lost almost all the gains it made during the week – it closed 0.05% in the black for the week. Stocks in the gold (-1.81%) and resource (-2.75%) indices nosedived. Kumba (-3.23%) and BHP Billiton (-4.11%) wer
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