Friday, May 25, 2007

S.African stocks slip; gold miners sag,Telkom stars

(Reuters) - South African stocks dipped on Friday as a stronger rand and a lacklustre gold price hit miners but fixed-line phone firm Telkom jumped on signs the onset of fully-fledged competition could be delayed.

The Johannesburg Top-40 index of blue-chip stocks slipped 1 percent to 25,536.42 points, after falling more sharply earlier in the day following weakness on Asian markets.


Read more at Reuters Africa

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