South African Markets Close in the Red as Investors Await US Inflation Data

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South African Markets,Mining Sector Stocks,Investors

South African markets closed in the red yesterday, led by losses in mining sector stocks and as investors await key US inflation data. Diversified miners, Kumba Iron Ore, Anglo American, African Rainbow Minerals and Exxaro Resources dropped 7.3%, 2.5%, 1.5% and 1.4%, respectively.

South African markets closed in the red yesterday, led by losses in mining sector stocks and as investors await key US inflation data. Diversified miners, Kumba Iron Ore, Anglo American, African Rainbow Minerals and Exxaro Resources dropped 7.3%, 2.5%, 1.5% and 1.4%, respectively.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

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