Scrip sales surpass earlier inflows

Via IOL Business | 10 Jan 2012 - 08:34:59

Against a gloomy global backdrop, offshore investors sold a net R1.4 billion worth of South African bonds and shares on Friday, according to Leon Myburgh, a strategist at Citi. The net sales wiped out earlier gains and boosted net portfolio sales in the month to date to R1.2bn. Source