Wednesday, March 28, 2007

S.Africa stocks reverse minor gains after Bernanke

(Reuters) - South African stocks closed flat on Wednesday, reversing earlier gains after Federal Reserve Chairman Ben Bernanke raised the alarm about prospects for the U.S. economy.

The Johannesburg Top-40 index of blue-chip stocks edged 0.01 percent higher to 24,183.98 points, climbing down from earlier marginal gains. The All-share index closed 0.04 percent down at 26,829.80 points.


Read more at Reuters Africa

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