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Strong rand dents industrial shares on JSE

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Johannesburg - Share prices on the JSE were again a victim of the strong rand on Monday morning with the Industrial index, which includes most of the major dual-listed shares, the biggest loser.

The indices and share prices however showed only modest movement and the intraday graphs showed an upward trend towards midday.

The rand firmed against the dollar on Friday after US employment growth unexpectedly slowed, cooling bets on a December rate hike by the Federal Reserve that could drain capital away from emerging markets. The local currency maintained stronger levels on Monday and traded 0.63% firmer at R13.77 to a dollar.

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ZAR/USD
17.38
(-0.04)
ZAR/GBP
22.74
(+0.08)
ZAR/EUR
20.57
(+0.04)
ZAR/AUD
12.45
(+0.01)
ZAR/JPY
0.16
(-0.06)
Gold
1952.93
(-0.20)
Silver
27.33
(-0.38)
Platinum
955.00
(-0.47)
Brent Crude
45.01
(-1.03)
Palladium
2156.00
(-0.59)
All Share
57419.46
(+0.00)
Top 40
53082.08
(-0.08)
Financial 15
10227.06
(+0.86)
Industrial 25
75743.15
(-0.61)
Resource 10
59161.88
(+0.29)
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