BLG: AngloGold, Anglo Platinum, Sasol May Move: South African Equity Preview
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 rose 111.09, or 0.4 percent, to 32,123.40 at the 5 p.m. close in Johannesburg.
AngloGold Ashanti Ltd. (ANG SJ): Gold has advanced more than 28 percent this year, headed for the 10th straight annual gain, as investors lost confidence in currencies and bought the precious metal to protect wealth. AngloGold Ashanti, the world’s third-biggest producer of the precious metal, climbed 1.5 percent to 330.40 rand.
Anglo Platinum Ltd. (AMS SJ): Platinum fell as much as 1.1 percent to $1,738.65 an ounce. Anglo Platinum, the world’s largest producer of the metal, retreated 0.1 percent to 682 rand.
Sasol Ltd. (SOL SJ): Oil retreated from 26-month high ahead of a U.S. Department of Energy report on oil stockpiles that will be released today. Sasol, the world’s biggest maker of motor fuel from coal, added 2.97 rand, or about 0.9 percent, to 341.97 rand.
Shares or American depositary receipts of the following South African companies closed as follows:
Anglo American Plc (AAUK US) rose 2.4 percent to $26.03. AngloGold Ashanti Ltd. (AU US) dropped 0.4 percent to $49.36. BHP Billiton Ltd. (BBL US) added 1.5 percent to $80.91. DRDGold Ltd. (DROOY US) gained 0.4 percent to $4.78. Gold Fields Ltd. (GFI US) retreated 0.3 percent to $17.91. Harmony Gold Mining Co. (HMY US) added 0.2 percent to $12.51. Impala Platinum Holdings (IMPUY US) climbed 1.9 percent to $34.84. Sappi Ltd. (SPP US) slipped 0.8 percent to $5.14. Sasol Ltd. (SSL US) added 0.7 percent to $51.02.
To contact the reporter on this story: Nicky Smith in Johannesburg at nsmith38@bloomberg.net.
To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net.