Wednesday, June 6, 2007

S.African bourse fall over one pct on rate worries

(Reuters) - South African blue chip stocks closed over one percent down on Wednesday, dragged lower by miners, retailers and luxury goods group Richemont, as investors worried about a possible central bank interest rate hike.

The JSE Top-40 index ended 1.29 percent down at 25,631.23 points while the broader All-share index closed 1.13 percent lower at 28,538.84 points.


Read more at Reuters Africa

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