Tuesday, May 22, 2007

Sasol, BHP, Anglo weigh on S.African blue chips

(Reuters) - South African stocks fell on Tuesday weighed down by South African petrochemical group Sasol, which slid more than 5 percent after saying a key joint venture plant in Qatar had suffered production problems.

Global diversified miners BHP Billiton and Anglo American also fell as investors took money off the table following strong gains in recent sessions on the back of price target upgrades and continued sector consolidation talk.


Read more at Reuters Africa

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