South African Stocks: Anglo, BHP, Implats

Bloomberg reported the FTSE/JSE Africa All Share Index advanced for a third day, climbing 356.03, or 1.2 percent, to 30,244.90.

As quoted in the market news,

Impala Platinum Holdings Ltd. (IMP) , the second-biggest platinum miner, gained the most in more than a week, rising 3.80 rand, or 2.4 percent, to 165 rand. The company agreed to a wage deal with South Africa’s National Union of Mineworkers that will see pay increased by between 8.5 percent and 10 percent, Bob Gilmour, a company spokesman, said by mobile phone today.

Click here to read the full Bloomberg report.