JOHANNESBURG, Nov 25 Reuters South Africa39;s rand was steady on Monday, as investors started the week on a cautious note ahead of a slew of monthend economic data releases.

At 0823 GMT, the rand traded at 18.1025 against the dollar , not far from its previous close.

Local investor focus will turn towards several economic indicators due this week, including a business cycle indicator, producer inflation, trade and budget balance figures.

The rand has regained some ground against the greenback after U.S. Presidentelect Donald Trump39;s selection of fund manager Scott Bessent as the next U.S. Treasury secretary calmed emerging markets, said Andre Cilliers, currency strategist at TreasuryONE.

Cilliers said the local central bank39;s conservative monetary policy stance with a smaller interest rate cut last week also helped the rand.

On the stock market, the Top40 index was up 0.2.

South Africa39;s benchmark 2030 government bond was stronger in early trading, with the yield down 5.5 basis points to 8.95.

Reporting by Bhargav Acharya Editing by Bernadette Baum

Source Reuters