S.African Stocks Fall for Second Day Led by Miners

Reuters Africa reported South African stocks ended sharply lower on Tuesday, extending the decline to two days as investors offloaded risky assets.

As quoted in the market news:

Miners featured on the losers’ list, as data showing both the U.S. and China’s manufacturing growth grew slower than expected added to the sell-off on metal prices.

African Rainbow Minerals gave up 4.63 percent to 174.93 rand, Impala Platinum lost 4.61 percent to 175.01 rand and Anglo Platinum retreated 3.21 percent to 556 rand.

Click here to read the full Reuters Africa report.