Grindrod down, sees lower earnings

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Grindrod_Rainbow Independent Newspapers.

Johannesburg - Shares of transport firm Grindrod fall after it warns interim earnings will likely fall between 30 and 35 percent because of depressed shipping markets, strikes in its South African home market and the closure of its commodity trading business.

The company's shares are 3.3 percent lower at 25.29 rand. - Reuters



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