Mining shares' bloodshed drains JSE
29 September 2015 - 02:24
The JSE suffered a big drop yesterday, with mining stocks once again faring worst. The all-share index closed 1.67% down and the blue chip Top 40 was 1.6% weaker. The gold index was off 4%, banks 3.15%, financials 1.98% and industrials 0.81%.Mine counters were under intense selling pressure in response to a continuing fall in commodity prices, with platinum hitting a near seven-year low.
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