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South Africa stocks higher at close of trade; FTSE/JSE Top 40 up 2.67%

Published 07/09/2015, 12:15 PM
Updated 07/09/2015, 12:16 PM
© Reuters.  South Africa stocks higher at close of trade; FTSE/JSE Top 40 up 2.67%
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Investing.com – South Africa stocks were higher after the close on Thursday, as gains in the Coal Mining, Financials & Industrials and Financials sectors led shares higher.

At the close in Johannesburg, the FTSE/JSE Top 40 rose 2.67%.

The best performers of the session on the FTSE/JSE Top 40 were Naspers Ltd (JO:NPNJn), which rose 7.37% or 12506 points to trade at 179208 at the close. Meanwhile, Kumba Iron Ore Ltd (JO:KIOJ) added 6.34% or 729 points to end at 12067 and Mmi Holdings (JO:MMIJ) was up 4.70% or 138.00 points to 3015.00 in late trade.

The worst performers of the session were AngloGold Ashanti Ltd (JO:ANGJ), which fell 2.09% or 218 points to trade at 10221 at the close. Capital&Counti (JO:CCOJ) added 0.33% or 27.00 points to end at 8267.00 and British American Tobacco PLC (JO:BTIJ) was up 0.52% or 352 points to 68060.

Rising stocks outnumbered declining ones on the Johannesburg Stock Exchange by 164 to 80 and 13 ended unchanged.

Crude oil for August delivery was up 2.52% or 1.30 to $52.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 3.29% or 1.88 to hit $58.92 a barrel, while the August Gold contract fell 0.26% or 3.00 to trade at $1160.50 a troy ounce.

USD/ZAR was down 0.34% to 12.5299, while EUR/ZAR fell 0.87% to 13.8072.

The US Dollar Index was up 0.38% at 96.75.

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