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Offshore investors sell South African stocks, buy bonds

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The central business district of Cape Town, South Africa, is illuminated on June 18, 2019. Reuters/Mike Hutchings

JOHANNESBURG, May 11 (Reuters) – Offshore investors sold a net 1.42 billion rand ($86.53 million) in South African shares last week, according to Johannesburg Stock Exchange data on Monday.

Net purchases of the bonds totaled 5.48 billion rand, settlement data showed.

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