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    market news

    South African Shares: Platinum Miners Rise

    Investing News Network
    Jun. 18, 2012 10:05AM PST
    Precious Metals

    Bloomberg reported the FTSE/JSE Africa All Share Index advanced for a second day as it climbed 1.4% following the rise of miners’ stocks.

    Bloomberg reported the FTSE/JSE Africa All Share Index advanced for a second day as it climbed 1.4% following the rise of miners’ stocks.

    As quoted in the market news:

    Anglo American Plc (AAL) , the diversified miner that makes up more than 7 percent of the index, gained for a second day, adding 0.9 percent to 279 rand. Copper advanced with most commodities after gains by pro-bailout parties in a Greek election eased concern the country might leave the euro area and worsen the debt crisis that threatens demand. BHP Billiton Ltd. (BIL) , the world’s biggest commodity producer, added 1.9 percent to 240.49 rand.

    Click here to read the full Bloomberg report.

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