S.Africa's blue chips turn negative, fall over 1 pct

JOHANNESBURG, Nov 5 (Reuters) - South Africa's blue chips gave back their gains on Wednesday, falling more than 1 percent as investors took profit after Barack Obama became the next U.S. president.

"I think it's a bit of profit taking coming in. We've had a couple of days of really good rallying in these markets and I think we were bound to consolidate," BoE Private Clients' Garth Mackenzie said. "I think markets were expecting an Obama win."

Johannesburg's Top-40 index slid 1.53 percent to 19,393.39 points by 1005 GMT and the All-Share index fell 1.37 percent to 21,353.20 points.

(Reporting by Serena Chaudhry) (For full Reuters Africa coverage and to have your say on the top issues, visit: http://africa.reuters.com/) Keywords: SAFRICA TOP40/