Rand steadies, stocks set to open higher

South Africa’s rand steadied against the dollar in early trade on Monday, holding gains from the previous session that were spurred by a combination of the trade balance remaining in surplus and growth in private sector credit demand. At 0643 GMT, the rand traded at 13.57 per dollar, compared with …

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Stocks perk up amid light trade – The Australian

The Australian Stocks perk up amid light tradeThe AustralianMr Weston said materials stocks rallied because the Chinese economic data was very strong. “I think what we’re seeing here today is further signs that the global economy is healing nicely,” he said. “Financials and materials are absolutely firing on …

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8 big mistakes to avoid in a falling stock market

The stock market has seen a sharp correction over the few days, making investors anxious and jittery. It is often during a sliding market when investors make ill-advised moves. And end up paying a heavy price. Here are a few common mistakes that investors should avoid in this situation. 1. …

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