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Around the World's Markets: JOHANNESBURG

Wednesday 08 September 1999 23:02 BST
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SOUTH AFRICAN stocks finished weaker, weighed largely by a financial sector suffering nagging concerns about bad debt.

The All Share Index fell by 80.6 points, 1.17 per cent, to 6,817.8. The bank-dominated Financial Index dropped 2.36 per cent: industrials sagged 1.81 per cent. Dealers said Johannesburg equities looked oversold and were likely to rally today. But they said the threat of more public service strikes after the government abandoned wage talks with public sector unions also weighed on market sentiment.

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