JSE softer as miners struggle

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JSE softer as miners struggle | Fin24

Local equities got off to a slow start for the week as they closed softer on Monday on the back of broad-based losses led primarily by the resources index.

Oil and gas producer Sasol [JSE:SOL] tumbled 6.47% to close at R269.32, while platinum miner Anglo American Platinum [JSE:AMS] retreated 3.37% to close at R899.37. Full-year results from RCL Foods [JSE:RCL] highlighted tough operating conditions for the business, however, the stock rallied 8.82% to close at R11.10.

 

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