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Foreigners cash in on SA shares

Jul 10 2012 15:45 I-Net Bridge

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 Johannesburg - Foreigners were net buyers of R971.854m of South African shares in the week ended July 6 after net sales of R1.802bn of local shares the week before‚ according to figures released by the JSE [JSE:JSE].

Foreigners bought R9.411bn worth of shares and sold R8.439bn of shares last week.

In the week ended July 8, 2011‚ foreigners were net sellers of R715.956m worth of local shares.

In the year to date‚ foreigners have been net purchasers of R116.254m worth of local shares‚ compared with net purchases of R2.469bn for the corresponding period in 2011.

For 2011‚ foreigners were net sellers of R17.184bn worth of local shares‚ compared with net purchases of R36.410bn for 2010.

In 2009 foreigners were net buyers of R75.418bn worth of shares compared with net sales of R54.439bn worth of shares in 2008.

*Find out the latest JSE [JSE:JSE] news on Fin24's Facebook and Twitter pages.
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