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South Africa shares higher at close of trade; FTSE/JSE Top 40 up 2.67%

Published 09/07/2015, 17:15
Updated 09/07/2015, 17:16
© Reuters.  South Africa shares higher at close of trade; FTSE/JSE Top 40 up 2.67%

Investing.com – South Africa equities were higher at the close on Thursday, as gains in the Coal Mining, Financials & Industrials and Financials sectors propelled shares higher.

At the close in Johannesburg, the FTSE/JSE Top 40 rose 2.67%.

The biggest gainers of the session on the FTSE/JSE Top 40 were Naspers Ltd (JO:NPNJn), which rose 7.37% or 12506 points to trade at 179208 at the close. Kumba Iron Ore Ltd (JO:KIOJ) added 6.34% or 729 points to end at 12067 and Mmi Holdings (JO:MMIJ) was up 4.70% or 138.00 points to 3015.00 in late trade.

Biggest losers included AngloGold Ashanti Ltd (JO:ANGJ), which lost 2.09% or 218 points to trade at 10221 in late trade. Capital&Counti (JO:CCOJ) added 0.33% or 27.00 points to end at 8267.00 and British American Tobacco PLC (JO:BTIJ) gained 0.52% or 352 points to 68060.

Advancing stocks outnumbered falling ones by 164 to 80 and 13 ended unchanged on the Johannesburg Stock Exchange.

In commodities trading, Crude oil for August delivery was up 2.52% or 1.30 to $52.95 a barrel. Meanwhile, Brent oil for delivery in August rose 3.29% or 1.88 to hit $58.92 a barrel, while the August Gold contract fell 0.23% or 2.70 to trade at $1160.80 a troy ounce.

USD/ZAR was down 0.34% to 12.5300, while EUR/ZAR fell 0.87% to 13.8079.

The US Dollar Index was up 0.38% at 96.75.

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