South African stocks edge up on gold mining shares

Shares on the Johannesburg Stock Exchange (JSE) rose 0.35 percent on Friday with 1.68 percent rally in gold mining shares leading the upward trend.

At the close of session, the SA rand was trading at R14.60 to the U.S. dollar, R18.87 to the British pound and R16.19 to the euro, while gold had lost 0.38 percent to 1354.90 dollars an ounce.

The all-share index was firmer at 51,276.40 points on the day, but remained subdued in a week, but financial and industrial stocks take the heavier blow on Brexit worries.

Among some individual shares on the JSE, British American Tobacco lost 1.15 percent to R925.95, with Richemont retreating 1.59 percent to R8242.

AngloGold Ashanti added 1.57 percent to R298.47, with Gold Fields gaining 3.17 percent to R81.00.

Anglo American Platinum slipped 3.43 percent to R 377.25, with Northam losing 4.33 percent to R45.66.

Among the bank, Standard Bank was up 1.91 percent to R124.10 and Barclay Africa gained 0.92 percent to R 137.72.

On the top ten gainers list was DRD Gold, whose shares climbed 6.58 percent to R11.82. Super Group also rose 5.05 percent to R39.92, while PPC Limited lost 5.85 percent to R6.60. Endit