PPC shares recover

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Cement2

Independent Newspapers

Picture: Simphiwe Mbokazi.

Johannesburg - Shares of cement producer PPC Ltd rise 1.66 percent to 32.53 rand, recouping some of the losses after falling more than 3 percent in the previous session.

The shares fell on Monday after the company indicated it could take a hit in its business in Zimbabwe, where the government has been forcing foreign firms to sell shares to locals. - Reuters


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