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South Africa shares higher at close of trade; FTSE/JSE Top 40 up 0.37%

Published 01/07/2015, 17:15
© Reuters.  South Africa shares higher at close of trade; FTSE/JSE Top 40 up 0.37%
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Investing.com – South Africa equities were higher at the close on Wednesday, as gains in the Industrials, Financials & Industrials and Industrials sectors propelled shares higher.

At the close in Johannesburg, the FTSE/JSE Top 40 gained 0.37%.

The biggest gainers of the session on the FTSE/JSE Top 40 were Vodacom Group Ltd (JO:VODJ), which rose 2.78% or 386 points to trade at 14302 at the close. Reinet (JO:REIJ) added 2.59% or 65.00 points to end at 2579.00 and SABMiller PLC (JO:SABJ) was up 2.47% or 1562 points to 64139 in late trade.

Biggest losers included Kumba Iron Ore Ltd (JO:KIOJ), which lost 4.01% or 606 points to trade at 14490 in late trade. AngloGold Ashanti Ltd (JO:ANGJ) declined 3.44% or 377 points to end at 10588 and Brait (JO:BATJ) shed 3.08% or 380.00 points to 12160.00.

Declining stocks outnumbered rising ones by 139 to 96 and 23 ended unchanged on the Johannesburg Stock Exchange.

In commodities trading, Crude oil for August delivery was down 2.99% or 1.78 to $57.69 a barrel. Meanwhile, Brent oil for delivery in August fell 1.47% or 0.94 to hit $62.66 a barrel, while the August Gold contract fell 0.19% or 2.20 to trade at $1169.60 a troy ounce.

USD/ZAR was up 0.71% to 12.2567, while EUR/ZAR rose 0.10% to 13.5755.

The US Dollar Index was up 0.59% at 96.31.

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