Morning note

The broad based sell-off continued on Friday with the Top 401 losing 2.33%.  Mining stocks were hardest hit, Anglogold (-5.5%), Impala Plats and Amplats both down over 4%.  The US markets continued their sell-off on Friday ahead of a public holiday in the States today.  The selling pressure in the global markets seems to be due to a concern over slowing global growth.

Posted in Morning note

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