Wednesday, May 23, 2007

S.African stocks up on metal prices, overseas sentiment

(Reuters) - South African stocks rose on Wednesday, driven by solid earnings, higher gold and metal prices and positive sentiment on overseas equity markets, traders said.

The Johannesburg Top-40 index of blue-chip stocks was up 1.7 percent to end at a record high of 26077.80 points, while the broader All-share index was 1.6 percent higher at 29087.49 points.


Read more at Reuters Africa

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