Monday, July 2, 2007

S.African stocks close stronger, led by Anglo jump

(Reuters) - South African shares closed stronger on Monday with index heavyweight Anglo American jumping over seven percent ahead of the separate listing of its paper manufacturing unit Mondi on Tuesday.

"The broader market was in positive territory today, and there was lots of value unlocking around the Anglo stock today because of Mondi," a Johannesburg-based trader said.


Read more at Reuters Africa

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