Tuesday, April 10, 2007

S.African stocks hit record high on miners, Telkom

(Reuters) - South African stocks marched to a fresh record high on Tuesday as higher precious metal and copper prices buoyed mining stocks and fixed-line phone operator Telkom rose after its chief executive quit.

The Johannesburg Top-40 index of blue-chip stocks gained 1.23 percent to a historic high of 25,123.92 points, while the All-share index gained 1.19 percent to 27,875.62 points, also a record peak.


Read more at Reuters Africa

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