(Reuters) - South African blue-chip stocks fell by more than 1.5 percent on Tuesday as a grim outlook for the U.S. housing market hit global equities and investors booked profits in local financial stocks.
The Johannesburg Top-40 index of blue-chip stocks slid as much as 1.55 percent but recovered slightly to trade 1.34 percent lower at 26,738.73 points by 1422 GMT. The All-share index dropped 1.22 percent to 29,521.29 points.
Read more at Reuters Africa
The Johannesburg Top-40 index of blue-chip stocks slid as much as 1.55 percent but recovered slightly to trade 1.34 percent lower at 26,738.73 points by 1422 GMT. The All-share index dropped 1.22 percent to 29,521.29 points.
Read more at Reuters Africa
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