Friday, June 22, 2007

S.African stocks trip on fears of higher rates

(Reuters) - South African shares, led by financial group Investec, withered on Friday on worries of another interest rate hike and pressured by losses overseas.

The blue chip Top-40 index fell for a second consecutive day, slipping 0.77 percent to 26,294.83 points while the broader All-Share Index shed 0.73 percent to 29,094.32 points.


Read more at Reuters Africa

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