S.Africa Stocks Weekahead-Anglo, budget to boost bourse

Newswire

By James Macharia JOHANNESBURG, Feb 18 (Reuters) - South African stocks are expected to hit new peaks next week, driven by strong corporate results to be led by mining giant Anglo American , whose yearly profits are seen jumping by two thirds. An upbeat national budget set to be unveiled next week is likely to show a higher growth rate of 4 percent, resisting a global slowdown, and analysts said this could also push the country's record-breaking stock market even higher. The ...

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