Wednesday, May 23, 2007

South African Stocks Gain, Led Higher by Anglo American and BHP Billiton

(Bloomberg) -- South African shares advanced, led by
Anglo American Plc and BHP Billiton, the world's largest mining
companies, amid speculation industry takeovers will increase.

The FTSE/JSE Africa All Share Index added 173.06, or 0.6
percent, to 28,802.44 as of 10:09 a.m. in Johannesburg as 81
stocks gained, 24 declined and 55 were unchanged.


Read more at Bloomberg Emerging Markets News

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