Tuesday, August 28, 2012

S.Africa stocks hit record close on Bidvest

JOHANNESBURG (Reuters) - South African stocks booked a new record close on Monday, edging higher as industrial conglomerate Bidvest and furniture retailer Steinhoff both advanced on better-than-expected earnings.

The benchmark Top-40 index rose 0.26 percent to 31,650.49, the highest close in its 17-year history.

The broader All-share index finished up 0.3 percent at 35,897.69, also a record close.

Source: http://news.yahoo.com/africa-stocks-hit-record-close-bidvest-151751931--finance.html

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