S. African stocks drop as Naspers pulls down all share

Source: Xinhua| 2017-07-05 01:08:14|Editor: huaxia
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by Stanley Karombo

JOHANNESBURG, July 4 (Xinhua) -- The Johannesburg Stock Exchange (JSE) declined on Tuesday as Naspers pulled down the industrial sector.

The all share index was off 0.22 percent at 52,049.25 points at close, as the industrial index declined 1.15 percent after Naspers shed 4.47 percent to trade at R2,488.

Naspers accounts for about 16 percent of the all share's R13.7-trillion market value.

The gold mining Index added 2.53 percent, industrials dropped 1.15 percent, resources gained 1.33 percent and financials gained 0.61 percent

Gold miners rose 2.53 percent along with platinums adding 1.57 percent.

Among some individual stocks on the JSE, Sibanye Gold was up 3.23 percent to R15.15, with Impala Platinum gaining 1.96 percent to R36.85. AngloGold Ashanti was up 2.49 percent to R128.14.

Aspen was up 1.89 percent to R290.5, with Adcock Ingram gaining 2.11 percent to R59.99.

FirstRand was up 0.98 percent to R48.35, with Barclays Africa lifting 0.46 percent to R144.42. Enditem

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