Around the World's Markets: Johannesburg

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The Independent Online
WEAK NOVEMBER money supply figures saw South African shares drift slightly lower yesterday. By the close of trading, the All Share Index had dipped 0.1 per cent to 5,430, a 12 per cent fall for the year, and 35 per cent down on the peak in April 1997.

Anglogold, the mining company, shed 2.8 per cent, as a result of a lacklustre bullion price, while bank shares slid after strong money-supply growth figures raised concerns that interest rate reductions might be delayed.

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