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Investors are taking a positive view on offshore markets with foreign unit trusts recording their first net inflows since the September 2001 quarter.
Local equities closed lower on Friday, as often happens, when positions were closed before the weekend, reports Nico Kelder, economist at the Efficient Group.
London shares had a disappointing start to the week, says Quentin Smith from OMAM UK.
Despite little change to the rand's exchange rate yesterday, local equities gained ground as the budget information was digested, reports Nico Kelder, economist at The Efficient Group.
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