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Foreigners sold R1.8bn SA shares last week

Sep 06 2012 13:38 I-Net Bridge

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Johannesburg - Foreigners were net sellers of R1.861bn worth of South African shares in the week ended August 31 after net sales of R241.117m of local shares the week before‚ according to figures released by the JSE.

Foreigners bought R7.889bn worth of shares and sold R9.751bn of shares last week.

In the week ended September 2‚ 2011‚ foreigners were net buyers of R1.943bn worth of local shares.

In the year to date‚ foreigners have been net sellers of R2.90bn worth of local shares‚ compared with net sales of R7.528bn 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.

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