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    South Africa Stocks Close Stronger

    Investing News Network
    Jun. 06, 2012 10:17AM PST
    Precious Metals Investing

    Reuters reported South African stocks closed firmer on Wednesday as platinum mining stocks rose on more upbeat investor feeling.

    Reuters reported South African stocks closed firmer on Wednesday as  platinum mining stocks rose on more upbeat investor feeling.

    As quoted in the market news:

    World number three platinum miner Lonmin jumped 6.8 percent to 100.39 rand while Impala Platinum climbed 5.6 percent to 141.39 rand.

    Anglo American Platinum, the world’s largest producer of the precious metal, gained 4 percent to 510.13 rand.

    Click here to read the full Reuters report.

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