South African Equities: Platinum Miners Among Top Movers

Bloomberg reported the FTSE/JSE Africa All Share Index declined for the first time in four days, falling 0.2 percent.

As quoted in the market news:

African Rainbow Minerals Ltd. (ARI) , a miner of gold and industrial metals, fell for the first time in three days, dropping 1.3 percent to 184.29 rand. Talks to end a strike at the Modikwa platinum mine, which it owns with Anglo American Platinum Ltd., “didn’t make much progress,” Lesiba Seshoka, a spokesman for the National Union of Mineworkers, said by phone yesterday. Workers have been on strike since March 15.

Click here to read the full Bloomberg report.