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SA stocks on a winning streak

Dec 19 2012 10:06 Reuters


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Johannesburg - South African stocks hit fresh lifetime highs on Wednesday as demand for riskier assets was lifted by expectations of a more aggressive monetary stimulus coming out of Japan and US progress in resolving its fiscal cliff budget crisis. 

The All Share [JSE:J203] index climbed 0.21% to 38,963.24, the highest level in the bourse's 17-year history. 

The blue-chip index was 0.23% higher at 34,541.47.

 

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