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Paul Hansen at Stanlib says that locally the money market funds still have huge amounts of investors’ money.
The strong rand weighed down on the JSE yesterday (21.5), with the all share index ending near the day's lows.
The JSE Securities Exchange SA closed higher yesterday on the recovery in global markets. At the close,the JSE, the all share and all share industrial indices were up 0,47% and 0,53%.
After another unfortunate day the JSE Securities Exchange (-1.31%) closed deep in the red, albeit off its low reached during the day.
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