BLBG Harmony Gold, Remgro Ltd.: South African Equity Market Preview
Aug. 17 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index fell 194.12, or 0.8 percent, to 24,815.77.
Harmony Gold Mining Co. (HAR SJ): Africa’s third-biggest producer of the precious metal is scheduled to release earnings. Harmony’s stock fell 1.50 rand, or 2 percent, to 75 rand.
Remgro Ltd. (REM SJ): The investment company controlled by the billionaire Rupert family is slated to hold its annual general meeting. Remgro’s stock gained 1.18 rand, or 1.4 percent, to 83.20.
Shares or American depositary receipts of the following South African companies closed as follows:
Anglo American Plc (AAUKY US) was unchanged at $15.95 according to delayed pricing for the security. AngloGold Ashanti Ltd. (AU US) fell 0.7 percent to $37.76. BHP Billiton Ltd. (BBL US) dropped 3.6 percent to $51.83. DRDGold Ltd. (DROOY US) declined 1.8 percent to $7.55. Gold Fields Ltd. (GFI US) slipped 1.2 percent to $12.32. Harmony Gold Mining Co. (HMY US) slumped 4 percent to $9.11. Impala Platinum Holdings Co. (IMPUY US) fell 3.9 percent to $25.55. Sappi Ltd. (SPP US) slumped 4.7 percent to $3.63. Sasol Ltd. (SSL US) added 0.2 percent to $35.58. Telkom South Africa Ltd. (TKG US) dropped 4.9 percent to $19.50.