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South Africa shares lower at close of trade; FTSE/JSE Top 40 down 0.58%

Published 03/07/2015, 17:15
© Reuters.  South Africa shares lower at close of trade; FTSE/JSE Top 40 down 0.58%
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Investing.com – South Africa equities were lower at the close on Friday, as losses in the Coal Mining, Other Mineral Extractors and Mining sectors propelled shares lower.

At the close in Johannesburg, the FTSE/JSE Top 40 fell 0.58%.

The biggest gainers of the session on the FTSE/JSE Top 40 were Discovery Holdings Ltd (JO:DSYJ), which rose 1.90% or 243 points to trade at 12819 at the close. AngloGold Ashanti Ltd (JO:ANGJ) added 1.71% or 179 points to end at 10650 and Rmih (JO:RMIJ) was up 1.70% or 73.00 points to 4375.00 in late trade.

Biggest losers included Kumba Iron Ore Ltd (JO:KIOJ), which lost 5.72% or 804 points to trade at 13249 in late trade. Mr Price (JO:MPCJ) declined 1.89% or 480.00 points to end at 24891.00 and BHP Billiton Ltd (JO:BILJ) shed 1.58% or 386 points to 23991.

Declining stocks outnumbered rising ones by 130 to 119 and 11 ended unchanged on the Johannesburg Stock Exchange.

In commodities trading, Crude oil for August delivery was down 2.41% or 1.37 to $55.56 a barrel. Meanwhile, Brent oil for delivery in August fell 2.76% or 1.72 to hit $60.35 a barrel, while the August Gold contract rose 0.33% or 3.80 to trade at $1167.30 a troy ounce.

USD/ZAR was up 0.40% to 12.3013, while EUR/ZAR rose 0.62% to 13.6606.

The US Dollar Index was down 0.11% at 96.18.

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