SA stocks rebound from biggest weekly drop of 2015

Johannesburg - South African stocks ended higher on Monday as traders chased after bargains after the main indices suffered their biggest weekly drop of the year in the previous week.

The blue-chip JSE Top-40 index was up 0.72% to 46 202 and the broader All-share index rose 0.66% at 52.139.

Both indices dropped nearly 3% last week, their biggest weekly fall since the middle of December last year amid growing views that the US could raise interest rates as early as June.