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Aurice Madiba,CEO Cloud Atlas Investing

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JSE all share index touched a new all-time high of 65 000 yesterday... What’s pulling the markets back today.
- All eyes still on Bidens first 100 days in office ( covid, travel, economic stimulus )
- The rand remained weak against the USD
- Pepkor ( Pep and Ackermans) trading statement - seeing, muted growth in South Africa as it competes with JET seeing 8% growth. Shows consumers have been buying " down" more discounted goods.

26 Jan 2021 1PM English South Africa Business News · Investing Gugulethu Mfuphi

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