Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

South Africa Stocks Climb to Highest Level Since 2008 on Copper

Dec. 7 (Bloomberg) -- South Africa’s benchmark equity index rose to the highest level since June 2008 as record copper prices spurred a fifth day of gains, led by mining companies.

The FTSE/JSE Africa All Share Index advanced 281.96, or 0.9 percent, to 31,937.89 as of 1:32 p.m. in Johannesburg. Copper reached $9,014 a metric ton, a 2.8 percent gain from yesterday, before trading at $8,994.75 a metric ton.

BHP Billiton Plc, the world’s largest mining company, surged 3.4 percent.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.