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S.African Stocks Hit Near 7-Month High

South African stocks rose to near seven-month highs on Friday, underpinned by gains in heavyweight Richemont and mining firms, while the rand fell against a broadly stronger dollar. Richemont led the To-40 index higher, surging 5.82% after the world’s second-biggest luxury goods group, reported a 4% rise in third quarter sales, helped by double-digit growth […]

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