Thursday, April 5, 2007

S.African stocks rise on Old Mutual, Telkom

(Reuters) - South African stocks nudged up on Thursday as a broker upgrade bolstered the country's top insurer Old Mutual and Telkom rose afer its chief executive quit.

The Johannesburg Top-40 index of blue-chip stocks gained 0.1 percent to 24,826.32 points. The broader All-share index rose 0.8 percent to 27,547.85 points.


Read more at Reuters Africa

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