JSE Top-40 slips below 30,000

Comment on this story


JSE1

Independent Newspapers

The JSE. Photo: Simphiwe Mbokazi.

South Africa's benchmark Top-40 index slips below the psychologically important 30,000 mark for the first time in a week as concerns about global growth weigh on miners such as African Rainbow Minerals and Impala Platinum.

The index is down 0.3 percent at 29,945.71.

The decline follows a broader sell-off in emerging market equities, which hit their lowest in nearly two weeks on jitters over Chinese growth and further impact from the euro zone debt crisis. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks