JSE miners down on dour global outlook

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JSE1

Independent Newspapers

The JSE. Photo: Simphiwe Mbokazi.

Shares of South African miners lead the wider market lower in early trade on Monday, as souring sentiment after US jobs data and cooling inflation in China exacerbated worries about global economic growth.

Diversified miner Exxaro slides 3.4 percent to 193.00 rand while Kumba Iron Ore falls 3.30 percent to 544.00 rand after falling almost 3.5 percent on Friday. - Reuters


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