HomeInternationalS.Africa stocks hit new record high on euro zone hopes

S.Africa stocks hit new record high on euro zone hopes

JOHANNESBURG (Reuters) – S.Africa’s shares hit a new record high as equities rallied on hopes that meetings on Greece’s future this week will and new plans drawn by the European Central Bank will help the euro zone manage its debt problems.

The All-share index, the broadest measure of South African stock performance, touched a record of 35,873.62 before edging back. It was up 1.08 percent at 35,855.63 at 1410 GMT.

The benchmark Top-40 index briefly touched a fresh record high of 31,677.18, before giving up some gains. It was up 1.15 percent at 31,658.34 at 1410 GMT.

Recent Posts

Stories you will enjoy

Recommended reading

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

NewsDay Zimbabwe will use the information you provide on this form to be in touch with you and to provide updates and marketing.