JOHANNESBURG: South African stocks hit fresh lifetime highs on Wednesday as demand for riskier assets were lifted by expectations of a more aggressive monetary stimulus coming out of Japan and US progress in resolving its "fiscal cliff" budget crisis.
The All-Share index climbed 0.21 percent to 38,963.24, the highest level in the bourse's 17-year history.
The blue-chip index was 0.23 percent higher at 34,541.47.
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