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* Top-40 down 0.15 pct to 30,395.73
* All-Share edges 0.07 pct lower
JOHANNESBURG, Feb 15 (Reuters) – South African stocks
edged lower on Wednesday, as skepticism over a quick Greek
rescue package weighed on the market late in the session and
dragged bullion producers such as Gold Fields lower.
Johannesburg shares were in positive territory for most of
the day after China said it would keep investing in euro zone
debt, but sentiment unraveled on news the region’s finance
ministers were not satisfied with Greece’s commitment to
austerity measures.
“It all depends on the soap opera of Greece at the moment,”
said Nick Kunze, head of dealing at BJM Private Clients.
“I’m afraid the toing and froing with what comes out of
Greece and the euro zone will continue.”
The benchmark Top-40 rolled back 0.15 percent to
30,395.73, while the broader All-Share shed 0.07
percent to 34,089.87.
Gold miners, which have recently not behaved
typically as a safe haven in roiling markets, were down 1.75
percent.
Continued…
