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    South Africa Stocks: Implats Gains Four Percent

    Investing News Network
    Jun. 13, 2012 11:26AM PST
    Precious Metals Investing

    Reuters reported South Africa’s FTSE/JSE Africa All Share Index rose as investors started buying in beat down companies again.

    Reuters reported South Africa’s FTSE/JSE Africa All Share Index rose as investors started buying in beat down companies again.

    As quoted in the market news:

    Share prices in Johannesburg were negative for most of the day but turned positive in late afternoon when European shares cut losses.

    Implats was the best-performing Top-40 stock, rising nearly 4 percent to 141.69 rand. The price is still down 15 percent this year.

    Click here to read the full Reuters report.

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