(Reuters) - South African shares closed weaker for the second straight day on Tuesday, led south by a slump in platinum shares following on a poor trading statement from miner Lonmin and losses by heavyweight miners Anglo American and BHP Billiton.
"Anglo and BHP were down and platinum shares as well because of Lonmin's production update. The market seems to be reading Lonmin's negative update as the outlook for the entire sector as well," a Johannesburg-based trader said.
Read more at Reuters Africa
"Anglo and BHP were down and platinum shares as well because of Lonmin's production update. The market seems to be reading Lonmin's negative update as the outlook for the entire sector as well," a Johannesburg-based trader said.
Read more at Reuters Africa
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