South African Stocks: Anglo, Avusa, Billiton, Ellies, SABMiller

Base Metals Investing

Bloomberg.com reports that Lead was trading up today.

Bloomberg.com reports that Lead was trading up today.

The story is quoted as saying:

Anglo American Plc (AGL SJ), the diversified mining company that makes up 10 percent of South Africa’s benchmark stock index, rallied 4.74 rand, or 1.5 percent, to 326.99 rand, the first increase in three days. Copper rose for a second day in New York and London as the dollar weakened, spurring demand for commodities as an alternative investment, on the prospect of a European Union-led bailout for Ireland. Lead, tin, nickel and zinc all advanced.

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