South African stocks bounced on Thursday, led by paper producer Sappi, as investors gained confidence from an upswing in global markets.
The Johannesburg Top-40 index of blue-chip stocks gained 1.75 percent to 23,071.80 points while the All-share index added 1.63 percent to 25,662.31 points, recovering from losses on the day before.
So far this year, the blue chip index has gained 2.1 percent.
Read more at Reuters South Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment