Shares in South Africa's packaging firm Mpact rise more than 4 percent after the firm reported a return to first-half profit, and also buoyed by the broad return to global equities after several days of sharp selling.
“We see a lot of companies very strong on the back of US markets improving a bit as well ...one can also expect that if results are in line with expectations we will see an improvement,” says Abri du Plessis, Chief Investment Officer at Gryphon Asset Management. - Reuters