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Banks trading in the red brings Alsi down

The local currency also lost some ground.

The Alsi closed in negative territory on Monday, down 0.27%. Global markets were also trading in the red and following a good run, the rand lost some speed, again trading above R14 against the US dollar. Makwe Masilela, the CIO at Makwe Fund Managers, joins Nompu Siziba in the studio to discuss why the markets were in the doldrums.

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