(AFX UK Focus) 2009-04-29 17:42 SAfrica’s rand races to near 7-mnth high, stocks rise (Interactive Investor)
April 29, 2009 by admin · Leave a Comment
JOHANNESBURG, April 29 (Reuters) – South Africa’s rand firmed sharply on Wednesday and local stocks climbed after strong earnings reports in Europe lifted global stocks and boosted the appetite for risky assets. The JSE Top-40 index of blue chip stocks rose 1.04 percent to 18,367.50 points, while the broader All-share index gained 0.99 percent 20,481.77 points. “I think the market is taking …
