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South Africa stocks higher at close of trade; FTSE/JSE Top 40 up 0.68%

Published 07/08/2015, 12:15 PM
Updated 07/08/2015, 12:16 PM
© Reuters.  South Africa stocks higher at close of trade; FTSE/JSE Top 40 up 0.68%

© Reuters. South Africa stocks higher at close of trade; FTSE/JSE Top 40 up 0.68%

Investing.com – South Africa stocks were higher after the close on Wednesday, as gains in the Financials, Financials & Industrials and Other Mineral Extractors sectors led shares higher.

At the close in Johannesburg, the FTSE/JSE Top 40 added 0.68%.

The best performers of the session on the FTSE/JSE Top 40 were Brait (JO:BATJ), which rose 3.48% or 410.00 points to trade at 12012.66 at the close. Meanwhile, Sanlam Ltd (JO:SLMJ) added 3.44% or 221 points to end at 6608 and Rmih (JO:RMIJ) was up 3.22% or 131.00 points to 4095.69 in late trade.

The worst performers of the session were Kumba Iron Ore Ltd (JO:KIOJ), which fell 5.35% or 650 points to trade at 11500 at the close. Naspers Ltd (JO:NPNJn) declined 4.77% or 8424 points to end at 168728 and Anglo American Platinum Ltd (JO:AMSJ) was down 2.11% or 537 points to 24792.

Falling stocks outnumbered advancing ones on the Johannesburg Stock Exchange by 124 to 117 and 13 ended unchanged.

Shares in Kumba Iron Ore Ltd (JO:KIOJ) fell to 3-years lows; falling 5.35% or 650 to 11500. Shares in Anglo American Platinum Ltd (JO:AMSJ) fell to 3-years lows; losing 2.11% or 537 to 24792.

Crude oil for August delivery was down 2.08% or 1.09 to $51.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.68% or 0.39 to hit $56.47 a barrel, while the August Gold contract rose 0.82% or 9.40 to trade at $1162.00 a troy ounce.

USD/ZAR was up 0.57% to 12.5245, while EUR/ZAR rose 1.09% to 13.8627.

The US Dollar Index was down 0.49% at 96.41.

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