A drop in the mining sector

29 May 2018 / JSE Market Updates Posted by: Odwa Magwentshu

There has been a drop in the mining sector index as the price for precious metals (Gold in particular) and the Brent crude oil price has drop over yesterday’s trading session. The price action effected the local gold sector the most, which went down by 1.85% yesterday. A strengthening in the Rand yesterday also played a role in yesterday’s decline in the mining sector.

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