Thursday, June 14, 2007

S.African stocks up in step with U.S and European markets

(Reuters) - South African shares led by banking firm Abil closed stronger on Thursday, buoyed by gains on U.S. and European stock markets.

"The South African market was better today because of stronger U.S. and European markets, and the local market was also coming off a very oversold position," a Johannesburg-based trader said.


Read more at Reuters Africa

No comments: