African stock market closing report | South African stock market closed up more than 1.1%, with precious metal mining stocks leading the way.

On Thursday, the South African FTSE/JSE Africa Top 40 trade index closed up 1.13% at above 105,000 points. It continued to rise at the opening at 15:00 Beijing time, and after some retracement, it began to expand again at 22:00. Among the components, Valterra Platinum rose 4%, with Parla Platinum Holdings up 3.77%, Naspers up 2.47% ranking third. Northam Platinum, Prosus, Anglo Ashanti Gold, Gold Fields, Sibanye Stillwater, and Swiss Lufen Group rose 2.46% to 1.5% to enter the top ten performers, while Pepkor Holdings fell 1.03%, the second largest decline, and Mr Price Group fell 3.95%. The latest data shows that South Africa's business confidence in November is at its strongest since 2011, with the thriving tourism industry playing a key role.