Showing posts with label Iron Ore. Show all posts
Showing posts with label Iron Ore. Show all posts

Thursday, May 24, 2007

S.African stocks slide on profit taking after gains

(Reuters) - South African stocks slid on Thursday as investors cashed in some gains in stocks like Kumba Iron Ore after a record-breaking bull run.

The Johannesburg Top-40 index of blue-chip stocks closed down 1.08 percent to 25,795.40 points after touching a fresh record peak on Wednesday, while the broader All-share index slipped 0.94 percent to 28,812.94 points.


Read more at Reuters Africa