(Reuters) - South Africa's bourse rose one percent on Wednesday as resource shares led by BHP Billiton shone on the back of stronger metal prices as the rand firmed on the back of a firmer price for bullion.
Stocks market heavyweight BHP rose 1.40 percent, and rival Anglo American Plc added 1.06 percent to 415.10 rand, as gold, platinum and copper prices jumped in London.
Impala Platinum and Anglo American rose 2.17 and 3.06 percent to 242.40 and 1,041 rand."Precious and base metals such as gold, platinum and copper are having a good day on the London Metal Exchange," Greg Potter, a trader at Nedcor securities said
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment