Tuesday, February 6, 2007

S.African shares up on metal, oil prices; banks shine

South African blue chip stocks raced to a fresh peak on Tuesday as mining and energy shares surged on a sharp rally in commodity prices, while the rest of the market was buoyed by strong global markets.

The Top-40 index of blue-chip stocks rose 1.48 percent to a record 23,428.54 points while the All-share index jumped 1.28 percent to 25,933.81 points -- close to its best ever level

Read more at Reuters South Africa

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