Wednesday, April 11, 2007

S.African bank stocks slip, G.Fields jumps on rumour

(Reuters) - South African shares fell on Wednesday from the previous days highs as investors dumped bank stocks ahead of Thursday's interest rate decision, but shares in Gold Fields leapt on a take over rumour.

The Johannesburg Top-40 index of blue-chip stocks slipped 0.99 percent to 24,884.93 points, while the All-share index dropped 0.85 percent to 27,683.64 points.


Read more at Reuters Africa

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