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

Published 02/07/2015, 17:15
© Reuters.  South Africa shares higher at close of trade; FTSE/JSE Top 40 up 0.68%
JTOPI
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TBSJ
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Investing.com – South Africa equities were higher at the close on Thursday, as gains in the Other Mineral Extractors, Resources and Mining sectors propelled shares higher.

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

The biggest gainers of the session on the FTSE/JSE Top 40 were Tiger Brands Ltd (JO:TBSJ), which rose 4.12% or 1180 points to trade at 29143 at the close. Brait (JO:BATJ) added 2.59% or 309.00 points to end at 11923.00 and Netcare (JO:NTCJ) was up 2.42% or 91.00 points to 3849.49 in late trade.

Biggest losers included Kumba Iron Ore Ltd (JO:KIOJ), which lost 3.02% or 437 points to trade at 14287 in late trade. Caphold (JO:CPIJ) declined 2.04% or 1000.00 points to end at 48161.48 and Vodacom Group Ltd (JO:VODJ) shed 1.87% or 267 points to 14095.

Advancing stocks outnumbered falling ones by 134 to 100 and 16 ended unchanged on the Johannesburg Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.00% or 0.57 to $57.53 a barrel. Meanwhile, Brent oil for delivery in August rose 0.99% or 0.61 to hit $62.62 a barrel, while the August Gold contract fell 0.52% or 6.10 to trade at $1163.20 a troy ounce.

USD/ZAR was up 0.21% to 12.2807, while EUR/ZAR rose 0.65% to 13.6264.

The US Dollar Index was down 0.28% at 96.20.

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