News24 | Eskom supplier Exxaro crashes as robust rand and rising costs tear into profits

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Exxaro’s shares slumped on Friday after the major coal supplier warned that inflationary pressures and a stronger rand generally have hit earnings from its minority iron ore and zinc interests.

Waldo Swiegers/Bloomberg via Getty Images

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Currencies Commodities Jse Indexes

Rand - Dollar

16.16

+0.2%

Rand - Pound

21.85

-0.1%

Rand - Euro

18.67

-0.1%

Rand - Aus dollar

11.43

-0.0%

Rand - Yen

0.10

-0.1%

Platinum

1,732.90

+0.5%

Palladium

1,312.50

+0.1%

Gold

4,348.06

-0.1%

Silver

64.69

+0.4%

Brent Crude

87.07

-2.2%

Top 40

105,850

-0.4%

ALSI

113,697

-0.4%

RESI 10

121,216

-0.6%

INDI 25

124,388

-0.2%

FINI 15

26,564

-0.2%

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