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JSE slumps downwards Thursday

Xinhua, June 10, 2016 Adjust font size:

The Johannesburg Stock Exchange (JSE) closed 1.12 percent lower on Thursday as the market digest Wednesday's gross domestic product (GDP) shock.

At close of session, the all share was 1.12 percent lower at 53,353.87 and the blue-chip top 40 dropped 1.13 percent.

Losses were broad based, with resources losing 2.87 percent and platinum retreating 0.62 percent. Financials were down 0.66 percent.

The rand was trading at 14.82 to the U.S. dollar, 21.41 to the British pound, and 16.78 to the euro. Endit