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Feb 13 2012 12:15
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Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - The JSE slipped into the red by noon on Thursday as profit taking seeped into global markets after recent big runs.
At 12:00 the JSE all share index had weakened 0.25%, with resources easing 0.52%, gold miners losing 1.60% and platinums easing 0.30%.
Banks gave up 0.64%, financials were flat, up 0.03% and industrials edged down 0.16%.
The rand was bid at R7.25 to the dollar from R7.26 just before the JSE closed on Wednesday. Gold was quoted at $1 052.95 a troy ounce from $1 060.60/oz just before the JSE's last close, and platinum was at $1 346.50/oz, from $1 355.50/oz at its previous close.
"We are seeing some profit taking, it was due at some point," a trader said.
- I-Net Bridge