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    market news

    South African Stocks: Lonmin and Implats Moves

    Investing News Network
    Jan. 04, 2012 02:19PM PST
    Precious Metals Investing

    Bloomberg reported the FTSE/JSE Africa All Share Index gained 0.6 percent to 32,956.47 in Johannesburg.

    Bloomberg reported the FTSE/JSE Africa All Share Index gained 0.6 percent to 32,956.47 in Johannesburg.

    As quoted in the market news:

    Impala Platinum Holdings Ltd. (IMP) , the second-biggest producer of the metal, advanced for a third day, adding 0.7 percent to 170.77 rand. Platinum gained as much as 0.6 percent to $1,434.50 an ounce, a third day of rises.

    Lonmin Plc (LMI) , the third-biggest platinum miner, climbed 1.4 percent to 128.51 rand.

    Click here to read the full Bloomberg report.

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