S.African stocks weaker, led by resource shares

(Reuters) - South African shares closed weaker for the second straight day on Tuesday, led south by a slump in platinum shares following on a poor trading statement from miner Lonmin and losses by heavyweight miners Anglo American and BHP Billiton.

"Anglo and BHP were down and platinum shares as well because of Lonmin's production update. The market seems to be reading Lonmin's negative update as the outlook for the entire sector as well," a Johannesburg-based trader said.


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U.K. Benchmark Index Falls, Paced by Lonmin, BHP Billiton; Barclays Gains

(Bloomberg) -- U.K. stocks fell for the first time
in three days, led by Lonmin Plc after the mining company said it
will delay the sale of as much as 90,000 ounces of platinum. BHP
Billiton Plc and Xstrata Plc slid as copper retreated.

Barclays Plc paced advancing shares after Royal Bank of
Scotland Plc sweetened its 71.1 billion euro ($98.1 billion)
offer for ABN Amro Holding NV. GlaxoSmithKline Plc and BT Group
Plc advanced after brokerages raised their recommendation for the
companies' shares.


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S.African stocks hit fresh peak, mining shares jump

(Reuters) - South African shares broke into fresh record territory on Friday, lifted by a rally in mining stocks like Lonmin and gains in the United States.

The blue chip Top-40 index shot up 1.32 percent to a fresh all-time peak of 26,508.70 points, while the broader All-Share Index gained 1.12 percent to 29,313.78 points, also a new record.


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