South Africa's rand, bonds little changed, stocks set to open higher

  • Reuters
  • Forex News
South Africa's rand, bonds little changed, stocks set to open higher
Credit: © Reuters.

JOHANNESBURG, April 23, (Reuters) - South Africa's rand was little changed in early trade on Tuesday with investors refraining from making large bets as markets reopened after Monday's holiday.

* At 0642 GMT, the rand ZAR=D3 traded at 14.1550 versus the dollar, 0.04 percent firmer than its overnight close in New York.

South African markets were closed on Monday for a public holiday.

* Government bonds were also flat, with the yield on benchmark 2026 paper ZAR186= at 8.465 percent.

* Stocks were set to open higher at 0700 GMT, with the Johannesburg Stock Exchange's Top-40 futures index ALSIc1 up 0.45 percent.

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