Wednesday, May 9, 2007

South African Shares Advance; Anglo American, BHP Billiton Pace the Gain

(Bloomberg) -- South African shares rose, led by Anglo American Plc and BHP Billiton Ltd., the world's largest mining companies, on takeover speculation.

The FTSE/JSE Africa All Share Index added 177.83, or 0.6 percent, to 28,339.61 at 3:05 p.m. in Johannesburg, as 84 stocks gained, 49 fell and 28 were unchanged.


Read more at Bloomberg Stocks News

No comments: