Gold One braves market storm to sell Sibanye Gold stock

NYSE_selloff_PA_575_375
By Aidan Gregory
28 Feb 2020

Two block trades in Europe this week have shown that there is still a reasonable bid for some stocks, even during a global equity market meltdown, when many transactions have simply been called off.

The spread of the Covid-19 coronavirus, particularly in Italy, South Korea and Japan has triggered the fastest stock market correction since records began.

Despite this, Gold One braved the storm on Thursday night to sell an R.2.4bn ($157.4m) chunk of its stake in Sibanye Stillwater, the South ...

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