Loading

JSE hits 4-1/2 month low

May 23 2012 at 05:47pm
By Reuters

Comment on this story

JSE1

Independent Newspapers

The JSE. Photo: Simphiwe Mbokazi.

South African stocks slid to a 4-1/2 month low on Tuesday as skittish investors sold off index heavyweights as part of a global equity sell-off on nagging concerns about the European debt crisis.

The benchmark Top-40 index was down 1.8 percent at 29,017.41, near its lowest since early January.

Shares of platinum miners such as Lonmin were the worst hit, as spot prices of the precious metal slid. - 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

Business Directory