Friday, June 8, 2007

S.African stocks slide after losses in Asia, US

(Reuters) - South African stocks slid at the opening on Friday after U.S. and Asian bourses were hit by fears that global inflation would push up borrowing costs.

The blue chip Top-40 index fell 1.2 percent to 25,342.04 points by 0727 GMT after sliding by as much as 1.6 percent earlier. The index is up 12 percent so far this year.


Read more at Reuters Africa

No comments: