Monday, May 28, 2007

S.African stocks up, boosted by Telkom

(Reuters) - South African stocks closed marginally higher on Monday, with fixed line telecommunications firm Telkom one of the biggest gainers among the blue-chip top 40 stocks.

"Trade has been dull today, with volumes extremely light because of UK and U.S. public holidays, which just shows how involved foreigners are in our market," a Johannesburg-based trader said.


Read more at Reuters Africa

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