South African Stocks Climb 1.1% in Early Trading

Dow Jones08-05 15:26

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in South Africa climbed during early trading Wednesday, as the FTSE/JSE All Share Index rose 1.1% to 115568.53.

Among local companies with a market cap of at least 15 billion South African rand ($916.1 million), DRDGOLD is the biggest leader this morning, surging 5.3%, and Gold Fields jumped 4.8%. Harmony Gold Mining rounds out the top three movers, as shares added 4.7%.

Bid is the biggest early laggard, declining 1.1%, followed by shares of Standard Bank Group, which slipped 1.0%. Shares of Sasol slipped 1.0%.

On the currency front, the WSJ Dollar Index was flat at 96.10. The dollar weakened 0.1% against the rand to 16.37 rand.

Data source: Dow Jones Market Data, FactSet

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