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Resource counters buckle under Vale go-ahead

Meanwhile, Mondi and Sappi’s shares fell more than 4.5% respectively.

David Shapiro, the deputy chairman at Sasfin Wealth discusses the global and local market movements with Nompu Siziba. Credit Suisse’s has posted a negative outlook on the paper and packaging sector, which saw the markets react negatively towards companies in this sector, which saw Mondi and Sappi’s shares fall. 

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